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7/10 urban Indians support free-market capitalism


gorah_pindu

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Ajay Shah has a post on the results of the Pew Institute’s latest survey:
They have three key questions that measure economic liberalism, covering attitudes towards international trade, attitudes towards foreign companies and attitudes towards free markets. The results contain many surprises. As an example, in urban India, they find 89% are supportive of international trade, 73% are supportive of foreign companies and 75% are supportive of free markets. Urban India is at rank 9 out of 46 countries. China is at rank 11. The report also shows sharp changes over the last five years…support for foreign companies in India went up from 61% in 2002 to 73% in 2007, a gain of 12 percentage points. On the question People are better off in free markets, support went up from 62% in 2002 to 76% in 2007, a gain of 14 percentage points. Most interesting is page 20, where the fraction that believes that government has too much control has risen from 52% in 2002 to 71% in 2007 - a rise of 19%.
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