It could be worse...

This is depressing...

Only 53% of American adults believe capitalism is better than socialism.



Just a little over half of the population if the UNITED STATES OF AMERICA believe capitalism is better than socialism. As WFB used to say, the problem with capitalism is the capitalist and the problem with socialism are the socialists. Although do not fret...



Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.

Investors by a 5-to-1 margin choose capitalism. As for those who do not invest, 40% say capitalism is better while 25% prefer socialism.

There is a partisan gap as well. Republicans - by an 11-to-1 margin - favor capitalism. Democrats are much more closely divided: Just 39% say capitalism is better while 30% prefer socialism. As for those not affiliated with either major political party, 48% say capitalism is best, and 21% opt for socialism.


At least the free-enterprise system is still more popular. Also in a more generic poll 70% of respondents prefer free-enterprise. Maybe they mistook socialism and free-enterprise by the modifier "free."

I'm going to have a beer...