A Majority Of Millennials Now Reject Capitalism, Poll Shows (washingtonpost.com)

A new poll shows that a majority of young people do not support capitalism. The study was conducted by Harvard University, which polled young adults ages 18-29. It found that 51 percent of those polled rejected capitalism, that is to say, they did not support it. Only 42 percent said they support capitalism -- there was a margin of error of 2.4 percentage points. When asked what alternative system they would prefer, there wasn't a clear winner. Just 33 percent said they supported socialism. When talking about politics or economics, it can get complicated and the poll does little to shed light on what parts of capitalism young people dislike or what parts of socialism young people like. It does appear to suggest young people are frustrated with the status quo and are more focused on the flaws of free markets.

Comments

Re:It's all relative

[dunkelfalke]

You Americans only can have post-soviet style problems if you make Mexico, Iraq and Afghanistan parts of the United States for 70 years, lose 15% of the population and the majority of infrastructure to a war of extermination and have an economic war waged against you by the rest of the developed world, cutting you both from exports and from imports.
Then and only then you'd have a point.