Americans Less Fond Of Capitalism When It Actually Happens To Them

“We need to do a better job of explaining the economic system in the United States and how it is working. We have been looking at anecdotal information that there was a misunderstanding of capitalism.”
-Stan Anderson of the U.S. Chamber of Commerce discusses the results of a poll by his organization showing that only 57% of Americans have a favorable view of capitalism. It seems fairly obvious to suggest that it is just as likely that the misunderstanding is occurring on the part of those 57% who still approve, but that would be crazy socialist talk.