People no longer believe working hard will lead to a better life, survey shows

A growing sense of inequality is undermining trust in both society’s institutions and capitalism, according to a long-running global survey.

The 2020 Edelman Trust Barometer – now in its 20th year – has found many people no longer believe working hard will give them a better life.

Despite strong economic performance, a majority of respondents in every developed market do not believe they will be better off in five years’ time.