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Title: The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism
Source: The Economic Collapse
URL Source: http://theeconomiccollapseblog.com/ ... r-age-30-now-reject-capitalism
Published: Apr 28, 2016
Author: Michael Snyder
Post Date: 2016-04-28 21:27:43 by U don't know me
Keywords: None
Views: 21930
Comments: 83

The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism By Michael Snyder, on April 27th, 2016

Young People Abstract - Public DomainA shocking new survey has found that support for capitalism is dying in America. In fact, more than half of all adults in the United States under the age of 30 say that they do not support capitalism at this point. You might be tempted to dismiss them as “foolish young people”, but the truth is that they are the future of America. As older generations die off, they will eventually become the leaders of this country. And of course our nation has not resembled anything close to a capitalist society for quite some time now. In a recent article, I listed 97 different taxes that Americans pay each year, and some Americans actually end up returning more than half of what they earn to the government by the time it is all said and done. So at best it could be said that we are running some sort of hybrid system that isn’t as far down the road toward full-blown socialism as most European nations are. But without a doubt we are moving in that direction, and our young people are going to be cheering every step of the way.

When I first heard of this new survey from Harvard University, I was absolutely stunned. The following is from what the Washington Post had to say about it…

The Harvard University survey, which polled young adults between ages 18 and 29, found that 51 percent of respondents do not support capitalism. Just 42 percent said they support it.

It isn’t clear that the young people in the poll would prefer some alternative system, though. Just 33 percent said they supported socialism. The survey had a margin of error of 2.4 percentage points.

Could it be possible that young adults were confused by the wording of the survey?

Well, other polls have come up with similar results…

The university’s results echo recent findings from Republican pollster Frank Luntz, who surveyed 1,000 Americans between the ages of 18 and 26 and found that 58% of respondents believed socialism to be the “more compassionate” political system when compared to capitalism. And when participants were asked to sum up the root of America’s problem in one word, 29% said “greed.”

This trend among our young people is very real, and you can see it in their support of Bernie Sanders. For millions upon millions of young adults in America today, Hillary Clinton is not nearly liberal enough for them. So they have flocked to Sanders, and if they had been the only ones voting in this election season, he would have won the Democratic nomination by a landslide.

Sadly, most of our young people don’t seem to understand how socialism slowly but surely destroys a nation. If you want to see the end result of socialism, just look at the economic collapse that is going on in Venezuela right now. The following comes from a Bloomberg article entitled “Venezuela Doesn’t Have Enough Money to Pay for Its Money“…

Venezuela’s epic shortages are nothing new at this point. No diapers or car parts or aspirin — it’s all been well documented. But now the country is at risk of running out of money itself.

In a tale that highlights the chaos of unbridled inflation, Venezuela is scrambling to print new bills fast enough to keep up with the torrid pace of price increases. Most of the cash, like nearly everything else in the oil-exporting country, is imported. And with hard currency reserves sinking to critically low levels, the central bank is doling out payments so slowly to foreign providers that they are foregoing further business.

Venezuela, in other words, is now so broke that it may not have enough money to pay for its money.

We are losing an entire generation of young people. These days, there is quite a lot of talk about how we need to get America back to the principles that it was founded upon, but the cold, hard reality of the matter is that most of our young people are running in the opposite direction as fast as they can.

And Americans under the age of 30 are not just becoming more liberal when it comes to economics. Surveys have found that they are more than twice as likely to support gay rights and less than half as likely to regularly attend church as the oldest Americans are.

So why is this happening?

Well, the truth is that our colleges and universities have become indoctrination centers for the progressive movement. I know, because I spent eight years at public universities in this country. The quality of the education that our young people are receiving is abysmal, but the values that are being imparted to them will last a lifetime.

And of course the same things could be said about our system of education all the way down to the kindergarten level. There are still some good people in the system, but overall it is overwhelmingly dominated by the progressives.

Meanwhile, the major entertainment providers in the United States are also promoting the same values. In a recent article entitled “Depressing Survey Results Show How Extremely Stupid America Has Become“, I discussed a Nielsen report which detailed how much time the average American spends consuming media on various electronic devices each day…

Watching live television: 4 hours, 32 minutes

Watching time-shifted television: 30 minutes

Listening to the radio: 2 hours, 44 minutes

Using a smartphone: 1 hour, 33 minutes

Using Internet on a computer: 1 hour, 6 minutes

Overall, the average American spends about 10 hours a day consuming one form of entertainment or another.

When you allow that much “programming” into your mind, it is inevitable that it is going to shape your values, and our young people are more “plugged in” than any of the rest of us.

So yes, I believe that it is exceedingly clear why we should be deeply concerned about the future of America. The values that are being relentlessly pounded into the heads of our young people are directly opposed to the values that this nation was founded upon, and it is these young people that will determine the path that this country ultimately takes.

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Begin Trace Mode for Comment # 31.

#2. To: U don't know me (#0)

our nation has not resembled anything close to a capitalist society for quite some time now

the average American spends about 10 hours a day consuming one form of entertainment or another.

If america does not resemble a capitalist society, it does not resemble a socialist society either. What we have here is post modernism gone mad, the idea we can have it all and do nothing but sleep and be entertained.

That america is moving away from capitalism and multinationalism is a good thing not a bad thing. Capitalism has concentrated the wealth in the hands of a few, the 1% within the 1%, and multinationalism has raped the other nations of the world, destroying incentive to develop their own industries and creating enemies

paraclete  posted on  2016-04-28   22:02:55 ET  Reply   Untrace   Trace   Private Reply  


#5. To: paraclete (#2)

That america is moving away from capitalism and multinationalism is a good thing not a bad thing.

If it weren't for American capitalism the world will still be rebuilding the rubble of WWII.

SOSO  posted on  2016-04-28   23:33:37 ET  Reply   Untrace   Trace   Private Reply  


#9. To: SOSO (#5)

If it weren't for American capitalism the world will still be rebuilding the rubble of WWII.

You have to move away from this obscession with a glorious past. After destroying much of Europe and Japan, you helped rebuild it for a profit. Bully for you, as I said you raped the nations of the world. Tied aid does not suggest anything other than a profit motive, you got fat on war and reconstruction profits, a modus operandi you perfected in the civil war and were still using 100 years later, in the process your lend lease, didn't help with the reconstruction of Britain, you hastened its demise

paraclete  posted on  2016-04-29   0:31:41 ET  Reply   Untrace   Trace   Private Reply  


#27. To: paraclete (#9)

After destroying much of Europe and Japan, you helped rebuild it for a profit.

Who was it that offered contracts to participate in the work of rebuilding? Who profitted exactly? I notice you have a penchant for declaring other people or organizations who offer their services for a price are always guilty of rape or greed. Why is that? Do you expect other people to work for free? Why are you always so resentful?

rlk  posted on  2016-04-30   0:54:29 ET  Reply   Untrace   Trace   Private Reply  


#29. To: rlk (#27)

Do you expect other people to work for free?

I don't expect anything for free however, a fair price and not profiteering

paraclete  posted on  2016-04-30   2:39:24 ET  Reply   Untrace   Trace   Private Reply  


#30. To: paraclete (#29)

I don't expect anything for free however, a fair price and not profiteering

Profiteering. There's a new negative word in addition to the others you use. Tell me who made excess profits in rebuilding ruined post-war nations and where did they come from?

rlk  posted on  2016-04-30   4:03:52 ET  Reply   Untrace   Trace   Private Reply  


#31. To: rlk (#30)

Poland was rebuilt with Polish hands, not with American money.

You worship America as she were God.

A Pole  posted on  2016-04-30   5:32:54 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 31.

#36. To: A Pole, rlk, All (#31)

You worship America as she were God.

With ample justification as it was America that was the prime engine in rebuilding the world left in rubble by WWII. No-one else had the capacity, will and integrity to do so at that time. The U.S. could just as easily told the rest of the world to kiss off and fend for themself. We didn't. And we didn't demand anything in return. Even our enemies prospered after the war. We took no territory, demanded no retribution (as the European Allies did after WWI), and, helped our enemies rebuild their societies. What did Russia do after WWII? Enslaved tens of millions of people, that's what.

Certainly the world has changed in 70 years since WWII and the U.S. skirts haven't always been clean. But in the vast scale of things no other nation on the planet would have been as less demanding of tribute and less controlling of world affairs than the U.S. Certainly not Russia and not just about all of Western Europe.

God? No. But certainly a dynamic benevolent force for betterment on the planet, more so than any other country in history. The cry of "America First" (whatever that means) is still being argued internally across the political spectrum. And tell me exactly how do all the rest of the countries on the planet deal with hordes of uninvited illegals crossing their borders and embedding themselves in the fabric of their society?

There is no doubt that America is on the decline and has been for awhile now. You believe that that is a good thing. History definitively proves you wrong.

SOSO  posted on  2016-04-30 14:47:58 ET  Reply   Untrace   Trace   Private Reply  


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