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Fewer Than Half of Young Americans Are Positive About Capitalism (cnbc.com)

Posted by msmash on from the closer-look dept.

gollum123 writes: According to a new poll from Gallup, young Americans are souring on capitalism. Less than half, 45 percent, view capitalism positively. "This represents a 12-point decline in young adults' positive views of capitalism in just the past two years and a marked shift since 2010, when 68 percent viewed it positively," notes Gallup, which defines young Americans as those aged 18 to 29. Meanwhile, 51 percent of young people are positive about socialism. This age group's "views of socialism have fluctuated somewhat from year to year," reports Gallup, "but the 51 percent with a positive view today is the same as in 2010."

2 of 1,445 comments (clear)

  1. That's because... by hackingbear · · Score: 0, Offtopic

    they haven't lived in a (real) socialist country.

    For example, despite all the problems you may have heard about in China, life there is significantly improved comparing to before the country's economic reform that turned itself from a backward socialist/communist state into the most capitalistic superpower, even though their governing doctrine is still communism.

  2. Re: Gee, can't imagine why... by cayenne8 · · Score: 1, Offtopic

    Given that a BA/BS is now the minimum requirement for the vast majority of entry level positions, that might not be a 'gun to the head', but it pretty much is an economic reality now.

    Err, really?

    I didn't know you had to have a degree to be a plumber, an AC person, a mechanic, a carpenter, etc....?

    I know a friend that is in the AC business, no college at all, and does quite well with his business. He started working hard himself, and has now grown to where he employs others to do the hot hard work while he goes out and sells and finds more work.

    Some jobs may require a BS/BA...but those aren't the only jobs in the world, especially if you START YOUR OWN business.

    It seems kids today expect to leave home and start at $60K or more a year...that never really happened int he past for the masses, they had to get out even after college and do some grunt work and earn their way up on pay and jobs.

    I did...

    --
    Light travels faster than sound. This is why some people appear bright until you hear them speak.........