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.
As if half of them have ever earned an honest dollar in their lives.
Amen To That!
They don’t reject Capitalism, the reject having to work for all those goodies they endlessly crave.
I knew something was amiss when you had all these people volunteering to work Open Source Software (OSS) projects. For free.
The millennials have never experienced capitalism. They have lived under corporatism which has given them crushing college debt, jobs in the service industry, and a bed in the parent’s basement.
They have told that capitalism caused their situation.
The adults we read about in the WSJ, IBD, Forbes, etc., reject capitalism too - unless, of course, it’s crony capitalism.
That brand of capitalism is just fine.
Capitalism is supposed to be so bad, yet you only really ever see people fleeing socialist and communist countries. Hmmm...
I think it is reasonable to assume that the rank hypocrisy and corruption of our leaders (in both politics and business) has had as much to do with this as the leftist indoctrination in the education system.
That’s what firing squads are for.
As soon as a strongman takes power in Washington and makes it clear that its NOT OK to be a communist, (Progressive my ass), in fact it’s ridiculously dangerous to ones health, the marxists in DC, academia, and the press will get the message loud and clear.
Communists never go away peacefully.
They have to be neutralized, exterminated with extreme prejudice.
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...
and that, friends, is the elephant in the room. or the hillary. either one.
They have no clue.
None.
They have been successfully dumbed down by their teachers. And people say loyalty oaths for teachers aren’t needed.
And in my opinion they are the most materialist generation I have seen.
Work, or starve. A simple equation. The government will help them decide. After all, a whole bunch of somebodys HAVE to work to support the government. We can’t expect .gov to earn its keep, now, can we...?
Bingo.
More than half of all US Residents under 30 ARE NOT ADULTS!
cUZ YOU’RE STILL MOOCHING OFF MOMMY AND DADDY.
They are truly THE most uneducated/most indoctrinated bunch of morons to have ever lived as well as the most self absorbed, selfish, greedy,lazy, and spoiled.
Apparently they dislike both socialism & capitalism. But are fond of free markets:
http://reason.com/poll/2014/07/10/64-of-millennials-favor-a-free-market-ov
Capitalism has just become a bad word that bears connotations of big banks and monolithic corporate greed.
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