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Is capitalism falling out of favor? We analyzed 400,000 news stories to find out. (theconversation.com)

submitted 1 day ago by 000@reddthat.com to c/socialism@lemmy.ml

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Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars over which one should dominate.

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[–] avidamoeba@lemmy.ca 15 points 1 day ago* (last edited 1 day ago) (1 children)

Unfortunately, there are no long-running surveys tracking people’s feelings toward the three systems. Because of this shortcoming, we used artificial intelligence to analyze references to the three systems in more than 400,000 newspaper articles published over a span of decades.

We identified every news story that discussed capitalism, communism or socialism using ProQuest’s TDM Studio. ProQuest has digitized almost all the articles in major English-language newspapers – including The Wall Street Journal and The New York Times – starting in the mid-1970s, with partial archives from earlier years.

So this is measuring the attitudes of media instead of people's attitudes. I guess it's useful.

[–] ininewcrow@lemmy.ca 18 points 1 day ago* (last edited 1 day ago) (1 children)

Also analyzing content and opinions of the three systems from media organizations that are owned and controlled by companies and corporations that favour or exist in a capitalist system.

It's like asking a Middle Eastern oil baron what they think of climate change and what should be done about it all.

[–] avidamoeba@lemmy.ca 6 points 1 day ago

Great point.