Over 50% of Germans Strongly Discontented with Capitalism: Calling for an End to the Dictatorship of Financial Markets

German police and demonstrators clash during an anti-capitalism rally in Frankfurt, on March 31, 2012. (File photo)

German police and demonstrators clash during an anti-capitalism rally in Frankfurt, on March 31, 2012. (File photo)

 

 

A recent survey shows that more than half of Germans are disgruntled with capitalism, and are calling for an end to the dictatorship of financial markets.

According to a phone survey conducted between August 8 and 12 by the Berlin-based Forsa Institute for Social Research and Statistical Analysis, with a sampling of 2,000 German adults, 12 percent of respondents said they are extremely dissatisfied with capitalist policies.

Thirty-three percent of those surveyed also expressed their strong discontent over capitalism.

Meanwhile, 40% of the respondents said they are rather unhappy with an economic system that is based on private ownership of the means of production and the creation of goods or services for profit.

Only 15% of those surveyed said they are slightly displeased with capitalism.

In late March, at least 200 people detained and many injured in clashes between riot police and anti-capitalism protesters in Germany’s financial capital, Frankfurt.

Lots of people suffered bruising, there was at least one confirmed fracture and many people suffered from the effects of teargas used by the police.

Organizers said an estimated 6,000 people turned out for the protest rally on March 31.

The clashes broke out after the protesters marched on the European Central Bank headquarters to demand an end to capitalism and the dominance of banks.

The protesters also denounced the “neo-liberal” crisis management of their country and the wider European Union. They blamed Europe’s capitalist system for the debt crisis in the continent.

 

Press TV

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