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Corporate America is out of touch

Brunswick has just released their global survey of over 40,000 people. It found the US is highly skeptical of the role of big business.

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The relationship between Main Street and Big Business appears to have broken down completely in the United States.

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Brunswick, the international advisory firm, has just released their global survey of over 40,000 people from 26 countries.

  • 69% of Americans said business leaders do not understand the challenges they face in their life, the highest percentage of any country in the survey.
  • There was 33% net agreement that when businesses do well, everyone benefits, with the US ranking below the likes of China, India, Italy, Brazil, Germany, Sweden and Japan by that metric.
  • Only 43% of respondents agreed with the statement that businesses can provide solutions to major challenges. Only India and Thailand had lower scores.

a nonprofit set up by legendary hedge fund manager Paul Tudor Jones. In a survey conducted back in 2015,

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The US has the highest percentage of people who think business leaders don't understand the challenges they face.

Respondents in the US were less likely to agree that society as a whole benefits from the prosperity of businesses than those from many other nations.

Americans also have little faith in the ability of big business to provide solutions to major challenges.

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