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Seniors, unsurprisingly, had the most favorable view of capitalism. Just 23 percent of Americans older than 65 had a positive view of socialism. Sixty-three percent of seniors, though, had a favorable view of capitalism.
The survey, taken at the end of January, found that 43 percent of Americans under 30 had a favorable view of socialism. Less than a third of millennials had a favorable view of capitalism. No other age or ethnic demographic preferred socialism over capitalism.
In the past 20 years, the number of people living in poverty worldwide has fallen by half. In 1990, 43 percent of the world’s population lived in extreme poverty. In 2013, the United Nations estimated that just 22 percent of the world’s population continued to live in extreme poverty.
“Never in history have the living conditions and prospects of so many people changed so dramatically and so fast,” the UN Human Development report said.
Even if millenials aren’t swayed by the dramatic improvement in worldwide living standards, one would hope they would see the benefits of capitalism in the products and services that inhabit their world.
They live, and thrive, in a consumer-driven, on-demand society. They have immediate access, at their fingertips, to more knowledge, art, music, and communication than the wealthiest oligarch just a few decades ago…
...It is safe to say that billions of dollars have been spent over the past two decades promoting and educating the public on the benefits of capitalism and free markets. There are publishing imprints, media companies and new conservative news sites everywhere. Yet, something has gone horribly wrong.
Many in the commentariat have watched the rise of Sen. Bernie Sanders with a certain touch of condescending nostalgia. “Oh, look a socialist is running for President, isn’t that cute,” you can almost hear them type.
For many, Bernie’s label as a socialist was something he would have to overcome to make a serious run for the White House. It may now be, however, something he needs to more warmly embrace.
originally posted by: bandersnatch
The up side of capitalism is far smaller than the down.....
Like an iceberg its 90% hidden dark side.....
Socialism has too many variants to really just stand up for it whole hog...
I tend to favor a more anarchistic approach to it.....
Eliminate money.....to a large extent.....
by guaranteeing some level of sustenance.....
Those who want extra can figure it out from there.....
any process of formation or growth; development:
You know best what is good for your generation, don't listen to old geezers.
originally posted by: neo96
Just reaffirms my belief the under 35 crowd really doesn't have a clue.
I guess they refuse to grow up.
What's next ?
They want government to change their diapers for them too?
“The most brilliant propagandist technique will yield no success unless one fundamental principle is borne in mind constantly - it must confine itself to a few points and repeat them over and over”
originally posted by: corvuscorrax
a reply to: neo96
Sorry buddy being old doesn't automatically mean you're wise.
One has to have their head buried in sand to not recognize that nothing is controlled by the will of the people anymore.