I'm not posting the full article. It's in the link in the description.
Left Image: Photo by JIM WATSON/AFP/Getty Images. Right Image: Photo by David Paul Morris/Bloomberg via Getty Images
It might be hard to imagine, but there was a time not that long ago when capitalism looked really, really good, at least in America. Not just in the sense that rich people had fancy things they might have liked to show off on Instagram if it existed, but also in moral terms, both within societies and between them. After American capitalists helped the Allies beat the Nazis, a strong labor union movement meant workers shared in postwar economic prosperity. Real purchasing power and regular workers' share of income were high enough that (white) people had a good chance at gainful lifelong employment with just a high-school education. The richest Americans had their exclusive golf clubs and beach resorts, the mansions and cars and vacations normal people couldn't sniff. But the trappings of financial security and independence—home ownership among them, if redlining didn't screw you over—were often tangible, if not already in hand.
Though capitalism still obviously has its defenders, there's more and more evidence that millennials are turning away from it. According to a Gallup poll released Monday, more Democrats view socialism positively (57 percent) than capitalism (47 percent). And while that partisan bent makes some intuitive sense, the age discrepancy is glaring: Among all 18-to-29-year-olds, including conservatives and Republicans, a small majority (51 percent) of Americans surveyed were high on socialism, whereas fewer—45 percent—had nice things to say about capitalism. Those over 65, on the other hand, were way more fond of capitalism (60 percent viewed it positively) than socialism (only 28 percent did).
It's Capitalism's Fault That Young People Prefer Socialism
Calm down breh