Posted on 05/01/2016 8:05:15 PM PDT by SeekAndFind
A shocking new survey has found that support for capitalism is dying in America. In fact, more than half of all adults in the United States under the age of 30 say that they do not support capitalism at this point. You might be tempted to dismiss them as “foolish young people”, but the truth is that they are the future of America. As older generations die off, they will eventually become the leaders of this country. And of course our nation has not resembled anything close to a capitalist society for quite some time now. In a recent article, I listed 97 different taxes that Americans pay each year, and some Americans actually end up returning more than half of what they earn to the government by the time it is all said and done. So at best it could be said that we are running some sort of hybrid system that isn’t as far down the road toward full-blown socialism as most European nations are. But without a doubt we are moving in that direction, and our young people are going to be cheering every step of the way.
When I first heard of this new survey from Harvard University, I was absolutely stunned. The following is from what the Washington Post had to say about it…
The Harvard University survey, which polled young adults between ages 18 and 29, found that 51 percent of respondents do not support capitalism. Just 42 percent said they support it.
It isn’t clear that the young people in the poll would prefer some alternative system, though. Just 33 percent said they supported socialism. The survey had a margin of error of 2.4 percentage points.
Could it be possible that young adults were confused by the wording of the survey?
Well, other polls have come up with similar results…
The university’s results echo recent findings from Republican pollster Frank Luntz, who surveyed 1,000 Americans between the ages of 18 and 26 and found that 58% of respondents believed socialism to be the “more compassionate” political system when compared to capitalism. And when participants were asked to sum up the root of America’s problem in one word, 29% said “greed.”
This trend among our young people is very real, and you can see it in their support of Bernie Sanders. For millions upon millions of young adults in America today, Hillary Clinton is not nearly liberal enough for them. So they have flocked to Sanders, and if they had been the only ones voting in this election season, he would have won the Democratic nomination by a landslide.
Sadly, most of our young people don’t seem to understand how socialism slowly but surely destroys a nation. If you want to see the end result of socialism, just look at the economic collapse that is going on in Venezuela right now. The following comes from a Bloomberg article entitled “Venezuela Doesn’t Have Enough Money to Pay for Its Money“…
Venezuela’s epic shortages are nothing new at this point. No diapers or car parts or aspirin — it’s all been well documented. But now the country is at risk of running out of money itself.
In a tale that highlights the chaos of unbridled inflation, Venezuela is scrambling to print new bills fast enough to keep up with the torrid pace of price increases. Most of the cash, like nearly everything else in the oil-exporting country, is imported. And with hard currency reserves sinking to critically low levels, the central bank is doling out payments so slowly to foreign providers that they are foregoing further business.
Venezuela, in other words, is now so broke that it may not have enough money to pay for its money.
We are losing an entire generation of young people. These days, there is quite a lot of talk about how we need to get America back to the principles that it was founded upon, but the cold, hard reality of the matter is that most of our young people are running in the opposite direction as fast as they can.
And Americans under the age of 30 are not just becoming more liberal when it comes to economics. Surveys have found that they are more than twice as likely to support gay rights and less than half as likely to regularly attend church as the oldest Americans are.
So why is this happening?
Well, the truth is that our colleges and universities have become indoctrination centers for the progressive movement. I know, because I spent eight years at public universities in this country. The quality of the education that our young people are receiving is abysmal, but the values that are being imparted to them will last a lifetime.
And of course the same things could be said about our system of education all the way down to the kindergarten level. There are still some good people in the system, but overall it is overwhelmingly dominated by the progressives.
Meanwhile, the major entertainment providers in the United States are also promoting the same values. In a recent article entitled “Depressing Survey Results Show How Extremely Stupid America Has Become“, I discussed a Nielsen report which detailed how much time the average American spends consuming media on various electronic devices each day…
Watching live television: 4 hours, 32 minutes
Watching time-shifted television: 30 minutes
Listening to the radio: 2 hours, 44 minutes
Using a smartphone: 1 hour, 33 minutes
Using Internet on a computer: 1 hour, 6 minutes
Overall, the average American spends about 10 hours a day consuming one form of entertainment or another.
When you allow that much “programming” into your mind, it is inevitable that it is going to shape your values, and our young people are more “plugged in” than any of the rest of us.
So yes, I believe that it is exceedingly clear why we should be deeply concerned about the future of America. The values that are being relentlessly pounded into the heads of our young people are directly opposed to the values that this nation was founded upon, and it is these young people that will determine the path that this country ultimately takes.
When all you have experienced is crony capitalism you would hat capitalism.
I would hope we can establish capitalism in the U.S., but it will require radical reform of our principal institutions.
Every economic system is some form of Capitalism, it’s a question of who controls the Capital.
What we advocate is Free Enterprise.
I don’t think what we’ve had since these folks have been around has been capitalism. In fact, I don’t think they have ever seen capitalism. Just oligarchy claiming to be capitalism, while undermining it at every turn.
Ok, oligarchy is a governing system whereas capitalism is an economic system. Possibly the variety of mixed economic system we have had has been such a corruption of capitalism as to render it unrecognizable.
Free capitalism is just fine.
Corporatism is not, crony capitalism isn’t. Monopolies are not. Fascism, socialism, commumism, all these things suck and are proven over and over again they do not work.
The nature of man does not like free capitalism and seeks to control it and tries to make it into one of the above lesser forms.
They don’t like Capitalism, but where did their iPhone come form and their video games? Were they provided by the state? The ones who hate capitalism are the ones who are living off it. We live in the land if Bizzaro!
The entire problem is a too powerful government. When government doesn't have power to interfere with Business B then Business A can't (or wont bother) to buy them off. It's only when government can interfere with all aspects of our lives that it becomes in the interest of businesses to influence the government to prop them up while screwing the other guy.
The business of America is business! It has kept us going since 1776, and we have the longest running government in the world at present, and they don’t like our system? What the hell are they doing here, they have to go to North Korea, Cuba, Venezuela Zimbabwe and be happy.
Couple this with tens of millions of jobs taken by robots and/or software, and you have a recipe for social unrest that could make Venezuela look like a picnic. This nation is NOT prepared for it. The only solution I see is secession of one part of America (Galt’s Gultch?) or leaving America (but for where?)
When we were kids here in Oregon during the summer from about the age of 8 yrs on, we worked all summer either picking berries or doing farm work. Most of the young folks now don’t work.....never have. Everything has been handed to them either by their parents or the school system/welfare department. Even the ones on welfare don’t have to walk to school like we did and they have free breakfast and lunch ALL YEAR LONG. Their parents hardly support them at all anymore. No sense of responsibility, no work and leaching off the system has created the rioters of today. They are non-motivated parasites who are afraid of losing their free ride. They all need to be forced to support themselves and have money taken out in taxes before they will ever understand that life can no longer be a free ride.
There’s no more blood left for the leaches.
The half that has no idea what is socialism and what is not.
If they mean to dislike Romney and Heidi Cruz capitalism, I can sort of get it.
Who can afford to be influential in politics?
Answer that question, and you’ll begin to see through the propaganda.
“More than half of all US Residents under 30 ARE NOT ADULTS!”
The same probably applies to a significant number who are over 30. And the same also applies in South Africa where I was born, and still live.
IF they work, where do they think their paycheck comes from ?
If they DON'T work and receive life sustaining elements ... money, food (stamps) housing (etc.) ... where do they think THAT money comes from ?
If every capitalist decided to stop working, every one of these ingrates would starve to death or cry themselves to sleep every night because they were forced to actually earn their keep.
“More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism”
The headline, by itself, is a scathing indictment of four generations of FedGov meddling in the education of our youth.
Never thought I would be witness to the death of this grand experiment. I am not at certain we can save this nation...
This is what they are being taught in our too-well-funded schools that turn out 16th rated students in the world.
Ask any of the them what capitalism is and they can't truly tell you what it is; only that they know it's bad (because the Soro's Open Source Society told them so). I've had this discussion with a few of them and I ask them "how can you hate something you can't even define?" usually ends the discussion.
An economic system based on private ownership of the means of production, in which personal bling can be acquired through investment of capital and employment of peeps. Capitalism is grounded in the concept of fo' real enterprise, which argues that the man's intervention in the economy should be restricted and that a free market, based on supply and demand, will ultimately maximize consumer dough.
Just explain it like this and they will get it - a person selling weed in Denver is capitalism. The government telling others that they can't and only they can sell weed is socialism.
They will understand' this 'fo 'real.
I don’t think they really know what capitalism is.
They have been schooled that cronyism goes hand and hand with capitalism, therefore capitalism must be bad.
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