Capitalism has spent the last 30 years eating its own shit and bathing in its own piss. Can you blame American youths for saying, “Ew…Gross” ?
Who likes socialism and mistrust capitalism? Democrats and young people, who are mostly the same people.
The latest Gallup poll has 57% of Democrats in favor of socialism and 47% trusting capitalism (16% of Republicans also like socialism!); 51% of 18-to-29 year olds trust socialism and 45% of the same cohort trust capitalism.
Capitalism’s brand is way, way down, declining sharply among young people and Democrats (its up among Republicans, but Republicans are a dwindling and aging group of people — one percenters, bootlickers, and temporarily embarrassed millionaires).
Belief in capitalism climbs at age 30, to 58%, and it’s 60% for over-50s (don’t trust anyone over 30, I guess?).
Meanwhile, belief in “free enterprise” for all Americans is down six percentage points since 2016.
