A Majority Of Millennials Prefer Socialism Over Capitalism
Article from Bloomberg by Ben Steverman.
One of the hottest tickets in New York City this weekend was a discussion on whether to overthrow capitalism.
The first run of tickets to “Capitalism: A Debate” sold out in a day. So the organizers, a pair of magazines with clear ideological affiliations, socialist Jacobin and libertarian Reason, found a larger venue: Cooper Union’s 960-capacity Great Hall, the site of an 1860 antislavery speech by Abraham Lincoln. The event sold out once again, this time in eight hours.
Young Americans have soured on capitalism. In a Harvard University pollconducted last year, 51 percent of 18-to-29 year-olds in the U.S. said they opposed capitalism; only 42 percent expressed support. Among Americans of all ages, by contrast, a Gallup survey last year found that 60 percent held positive views of capitalism.
A poll released last month found American millennials closely split on the question of what type of society they would prefer to live in: 44 percent picked a socialist country, 42 percent a capitalist one. The poll, conducted by YouGov and the Victims of Communism Memorial Foundation, found that 59 percent of Americans across all age groups preferred to live under capitalism.
Read the entire article at Bloomberg.
Image Credit: By David Shankbone (Own work) [CC BY 3.0 (http://creativecommons.org/licenses/by/3.0)], via Wikimedia Commons