Capitalism Seen in Crisis by Investors Citing Inequalities International investors say capitalism is in crisis, with almost one in three backing radical changes to the system, according to a Bloomberg survey. As the global financial and business elite gather in Davos for their annual forum, a majority in the Bloomberg Global Poll agree that income inequality hurts the economy and that governments need to do something to address it -- ideas at the heart of Occupy protests worldwide. Those surveyed also voice reservations about the financial industrys role in society, with seven in 10 seeing at least some truth in the argument that banks have too much power over governments. Capitalism is in crisis because there is a huge and growing disparity in income/wealth distribution in Western economies, and an equally divisive generational disparity, poll participant Michael Derks, chief strategist for FXPro Financial Services broker in London, said in an e-mail. <snip> "There is a large and growing wealth disparity and I think it is unhealthy, Steve Morton, a director at Natixis Securities in New York who took part in the survey, said in an e-mail. The lower levels of the pyramid dont have enough money to buy things and keep the economy going. <snip> The banking culture has evolved radically, to the point where the perception amongst most members of society is that their actions are driven by the relentless pursuit of earnings with no regard to their potential negative impact on communities, said Anson Rosewall, a poll participant and sales trader at BBY Ltd., a financial services firm in Sydney, Australia. The fact that banks have taken government cash, while the average person has lost his job and house without help, will probably forever tarnish the reputation of these major institutions, he said in an e-mail. The gap between rich and poor is widening across most developed economies as executives, bankers and skilled workers reap more rewards, the Organization for Economic Cooperation and Development said last month. <snip> The 459 U.S. investors who answered the survey view capitalism more favorably than their counterparts elsewhere, with roughly one in five saying the system needs an overhaul, according to the poll. Capitalism Seen in Crisis by Investors Citing Inequalities - Bloomberg The US investors have a more rosey outlook, maybe because Chart 1 leads to Chart 2? Discuss.