America's love affair with capitalism

"Even after the collapse of Wall Street and all that has followed, an overwhelming majority of Americans say in opinion polls that they prefer capitalism to socialism. Gallup found in January that 61% had a positive view of capitalism and about the same percentage had a negative view of socialism. In March last year the Pew Research Centre asked Americans whether they were better off in a free-market economy “even though there may be severe ups and downs from time to time”. Seventy percent answered in the affirmative. Most Americans also say their federal income taxes are too high. Even those who favour higher taxes on the rich think the top rate should be 20% or less." (thanks Bassam)