"The Swiss government failed in its dealings with the people to convince them of the merits of the system," Schneider-Ammann told a small gathering organized by the Swiss Consulate in Frankfurt, Germany.
"It's as if our citizens believe that free markets do more damage than good."
In the past, arguments put forward by lobby groups had held greater sway, Schneider-Ammann said.
"There is a break in trust between business, citizens and the political elite," he said.
Comentário: Considero muito importante esta reflexão do ministro da economia suíço. Se a população não confiar nas elites, o país torna-se ingovernável.