I think its really important to consider that Capitalism and Socialism are not mutually exclusive.
That is to say, the majority of the world's developed nations currently enjoy a mixture of Capitalism and Socialism... including the United
States.
I, too, would like to see a study done to assess how many Americans actually understand what Socialism actually is. Based on what I have seen on this
site, what I have observed in my everyday life, and what I have seen in the media, I would imagine fewer than 10% of Americans actually understand the
definition of Socialism:
Socialism refers to various theories of economic organization advocating public or direct worker ownership and administration of the means of
production and allocation of resources, and a society characterized by equal access to resources for all individuals with a method of compensation
based on the amount of labor expended.
I think the main reason people in this country are so afraid of Socialism is that they don't understand that we already have it. That, compounded
with the mass-media influenced lack of understanding of what Socialism actually is, has led to a retaliation against the idea, especially among
politically right-leaning individuals.
Our roads are socialist. We have socialist transportation. We have a socialized police department, a socialized fire department, and a socialized
military. We send our children to a socialized school system (the vast majority of us), and we get our mail through a socialized postal system.
It really is pathetic, but people would rather believe what they hear from Fox "News" then learn what these things are for themselves.