How Nations Escape Poverty by Unknown

Author:Unknown
Language: eng
Format: epub
ISBN: 0000000000000
Published: 2024-05-10T17:36:07+00:00

Figure 3.11Vietnam: Associations with ‘Capitalism’

Source: Indochina Research

Respondents were presented with a total of eighteen statements about capitalism, ten of which were negative and eight of which were positive. This set of questions confirms what we have already seen from the association test: Vietnamese people primarily associate capitalism with positive things. In fact, this finding is particularly clear for this set of questions. Of the thirty-three countries surveyed to date, Vietnam is the only one in which the five statements that receive the highest levels of agreement are all pro-capitalist.

In Vietnam, the statement that attracts the most agreement (78 percent) is: “Capitalism means economic freedom.” Only in Japan and South Korea did this statement also come in first place, and only in a total of five out of thirty-three countries so far has this statement made it into the top five most supported statements.

The second highest level of agreement, 74 percent, is for the statement: “Capitalism has improved conditions for ordinary people in many countries.” In only one other of the thirty-three countries where we have conducted the survey (Nigeria) did this statement rank among the top five. In most countries, significantly more people agreed with the negative statement: “Capitalism is responsible for hunger and poverty.” In Germany, for example, only 15 percent said “Capitalism has improved conditions for ordinary people in many countries,” while 45 percent said “Capitalism is responsible for hunger and poverty.” In Vietnam, the tables are turned: the negative statement that claims “Capitalism is responsible for hunger and poverty” received significantly less support (53 percent) than the positive statement that “Capitalism has improved conditions for ordinary people in many countries” (74 percent).

The statement: “Capitalism encourages people to do their best,” which was the third most frequently selected statement in Vietnam, also attracted very strong support (71 percent). Only in three of the thirty-three surveyed countries did this statement make it into the top five.

In fifth place in Vietnam is the statement: “Capitalism ensures prosperity” (64 percent). Again, there is only one other of the thirty-three countries in which this statement also makes it into the top five. In sixth place in Vietnam, we have the statement: “Capitalism may not be ideal, but it is still better than all other systems” (59 percent). The critical opinion that “Capitalism entices people to buy products they don’t need,” on the other hand, was among the top five in eleven of thirty-two nations. In Vietnam, in contrast, this statement attracted less support than any other of the eighteen statements (23 percent), as shown in Figure 3.12.

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