Havas Global Study Concludes Capitalism Is Doomed. Also, Banks Should Bundle Their Products.

Speaking of interesting data, we have a study from brand marketing agency Havas Worldwide, which surveyed 11,976 people in 37 markets. The authors concluded “With a stalling global economy and shrinking personal wealth, changing attitudes about money, consumption and debt indicate that capitalism is quickly becoming bankrupt” which seems a bit harsh. In fact, 73% said they’d rather work more and earn more, compared with 27% who would rather work less and earn less. That sounds pro-capitalist to me. Answers about the sharing economy were more balanced: 51% said it helps people to become successful entrepreneurs, while 45% said it takes advantage of workers to keep prices low for the rest of us. Lots of interesting data to ponder and a few practical insights as well.