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Economy
See other Economy Articles

Title: Capitalism Is Being Rejected by Young Americans in Huge Numbers
Source: Newsweek
URL Source: https://www.newsweek.com/capitalism ... ericans-bernie-sanders-1071146
Published: Aug 14, 2018
Author: Jason Le Miere
Post Date: 2018-08-14 09:53:17 by Willie Green
Keywords: None
Views: 941
Comments: 37

In the two years since Senator Bernie Sanders’s campaign for president, the image of capitalism among young Americans has taken a dramatic hit, a new poll has indicated. Less than half, 45 percent, of Americans aged between 18 and 29 have a positive view of capitalism, according to a Gallup poll released Monday.

When Sanders, a self-identified socialist, challenged Hillary Clinton for the Democratic nomination for president two years ago, the figure stood at 57 percent, up 1 percent from 2012 but down 11 from 2010. For the first time, more young Americans now have a positive view of socialism than they do capitalism, even as support for socialism among the group has remained steady at 51 percent.

The poll was taken as the mainstream Democratic Party encounters an increasing progressive movement that has celebrated socialism and heavily criticized aspects of capitalism. It was Sanders, an independent senator, who popularized many of the essential tenants of socialism during his insurgent campaign for president. His talking points, notably his slamming of the proportion of wealth owned by richest 1 percent of Americans, and his policy ideas, including advocating for a Medicare-for-all program, particularly resonated among young people.

Although Clinton ultimately triumphed in the 2016 primaries, Sanders won the youth vote over the former secretary of state by wide margins. Indeed, more young people voted for Sanders than Clinton and now-President Donald Trump combined.

It is not just young people who are increasingly rejecting capitalism, however. The Gallup poll also indicated that just 47 percent of Democrats, or those who lean Democrat, have a positive view of capitalism, compared to 57 percent who look favorably upon socialism.

The poll was based on interviews with 1,505 adults and conducted between July 30 and August 5 with a margin of error of 3 percentage points.

Sanders’s Revolution Continues

Sanders may have been defeated but his ideas have increasingly been embraced by the Democratic mainstream. Still, his movement, continued both by himself and the progressive group Our Revolution, has often come into direct conflict with establishment Democrats during primary elections for the 2018 midterms.

The most famous product of Sanders’s “revolution” to date has been Alexandria Ocasio-Cortez, a member of the Democratic Socialists of America who shocked Democratic politics in June when defeating long-time Congressman from New York and potential next House speaker Joe Crowley.

Her victory sparked an immediate conflict with current House Minority Leader Nancy Pelosi, whom the 28-year-old Ocasio-Cortez refused to say if she would back as speaker should Democrats regain control of the House. Ocasio-Cortez has also joined Sanders in endorsing and campaigning for progressive candidates. However, despite their own popularity and the growing rejection of capitalism among young Americans and Democrats, their record in persuading voters to back similarly minded candidates has so far been decidedly mixed.

And, while the views among certain demographics have shifted notably, overall a majority of Americans retain a positive view of capitalism (56 percent) with only a minority (37 percent) continuing to view socialism favorably. 


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Begin Trace Mode for Comment # 1.

#1. To: Willie Green (#0) (Edited)

In other words, capitalism is "rejected" by parasitic yoots that STILL live with Mommy....who are too lazy to work for a living.

Your peeps, Willie, eh?

Liberator  posted on  2018-08-14   10:37:55 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

#3. To: Liberator (#1)

In other words, capitalism is "rejected" by parasitic yoots that STILL live with Mommy....who are too lazy to work for a living.

Yep.

Wait till they can not afford their games or phones or tv's. Cut them off porn and watch them lose it!

When inflation hits and everything is so expensive little kiddies will freak out. Then when the rest of the world gets upset that we dumped the value of USD and they are left holding the bag they will send their war ships to recover their losses and those snowflakes will be forced to fight or die. They will have some growing up too do!!

Justified  posted on  2018-08-14 12:26:43 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Liberator (#1)

Well of course it is to the tune of about 60 % don’t like capitalism and like suxialism, But by the time they get to our age groups that percentage drops off to about 25%, which shows what some of us have known for a long time you get wiser as you get older.

CZ82  posted on  2018-08-14 13:01:55 ET  Reply   Untrace   Trace   Private Reply  


#29. To: Liberator (#1)

Your peeps, Willie, eh?

His peeps are getting shot up in Chicago, at record numbers.

It’s a beautiful thing. lol

GrandIsland  posted on  2018-08-17 07:23:25 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 1.

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