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US Youth Favor Socialism Over Capitalism

 
 
 
 
 
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A recent YouGov poll revealed that a growing number of American millennials prefer socialism to capitalism, apparently favoring the very ideology that has long been considered one of the greatest threats to the United States.

According to an opinion poll conducted by YouGov at the behest of the Victims of Communism Memorial Foundation, nearly half of the millennials in the United States favored socialism over capitalism.

The poll revealed that 44 percent of the millennial respondents would prefer living in a socialist country as compared to the 42 percent who favored capitalism; the preferences of the remaining 14 percent of the millennials appeared split equally between communism and fascism.

​However, the poll also revealed that only 33 percent of millennials know the definition of socialism, with 22 percent of respondents confusing it with communism and 28 percent admitting that they don’t know the definition.

The poll’s definition of socialism, as an economic system is unambiguous: “Economic and social systems characterized by social ownership and state control of the means of production, as well as the political theories, and movements associated with them.”

However, the definition of communism as a “Socioeconomic order structured upon the common ownership of the means of production and the absence of social classes, money and the state” may prove confusing to those most familiar with the governments of Mainland China, North Korea and Cuba.

Marion Smith, executive director of the Victims of Communism Memorial Foundation, described these trends as “deeply worrisome,” warning that the millennials, whom he described as “the largest generation in America”, are “increasingly turning away from capitalism and toward socialism and even communism as a viable alternative,” according to Market Watch.

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