YouGov's latest research shows that when Americans are asked whether they have a favorable or unfavorable opinion of socialism and capitalism, capitalism comes out on top. 52% of Americans have a favorable view of capitalism, while only 26% have a favorable view of socialism. Among younger Americans, however, attitudes are a lot more divided. 36% of under-30s have a positive view of socialism, while 39% have a positive view of capitalism. Among over-65s, who came of age at the height of the Cold War, only 15% look upon socialism favorably while 59% have a like capitalism.Some caution is in order. It is likely that many respondents have only a hazy understanding of what the terms mean.
Democrats (43%) are also much more likely than either independents (22%) or Republicans (9%) to have a favorable view of socialism. Democrats, in fact, are as likely to have a favorable view of capitalism (43%) as socialism. While only 9% of Republicans see socialism in a positive light, 79% have a good view of capitalism.
Saturday, May 23, 2015
Capitalism, Socialism, and Public Opinion, 2015