The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism

TEC ^ | 04/30/2016 | Michael Snyder

[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.

[wyowolf]

Exactly... many here yell up and down about socialism... and rightly so, but wont utter a peep about CC.

[ThePatriotsFlag]

Darned good point!

[usconservative]

They don’t reject Capitalism, the reject having to work for all those goodies they endlessly crave.

That's because mommy and daddy gave them everything they ever wanted without question.

It took awhile for my own kids to figure it out that they'd have to work for the things they wanted and that it wasn't my purpose in life to simply give them everything their hearts desired.

While both were younger, I'd always hear about one friend or another having something that they themselves wanted (better bicycles, a motorcycle, newest game console, smartphone, and eventually a car.)

In the last few years, they finally figured things out. Their friends parents lost their homes (upside in mortgages, over-spent, over their heads in bills) and eventually their friends lost "all their stuff" too. Their friends became whiners because they didn't have anything anymore and demanded someone else always "give" them something.

My two sons learned how to work for what they wanted, and because they worked for the things they wanted, they appreciated those things and took care of them. Their friends have largely wrecked everything they've had, including many of their cars.

My two sons also have learned the value of the debt free lives their parents have lived for many years now. Questions of "dad, why are you driving a 14 year old vehicle?" were answered long ago with "it's paid for, it looks good, and it does what I need it to do" followed by lessons in those types of things that appreciate in value vs. depreciate in value and why we spend the least we can on depreciating items.

In short, they've gotten a valuable lesson in Capitalism vs. Socialism and the end results of both. :-)

[1Old Pro]

I think a lot of older Americans like the idea of “free” healthcare too...scary. If Trump loses, we’ll be like France soon.

[GingisK]

That is the half that can’t spell capitalism.

[Ohioan]

This phenomenon is a direct result of the fact that almost no one in education or the mass media even understands why Capitalism works best; why America has developed as she has; or the multitude of overlooked factors that govern the dynamics of human interaction, in general. We have a dumbed down population, where increasingly the uninformed "sheep" are the norm.

Hopefully, Trump will be able to wake many of these people up in the fall campaign.

[HLPhat]

>>a person selling weed in Denver is capitalism. The government telling others that they can't and only they can sell weed is socialism

What is it when the largest locally-owned bank in Colorado is an employee owned collective where it's perfectly acceptable to post links to go "vote for the train" on the corporate intranet, but asking "uhhhh who's going to pay for the infrastructure" is "political" and not acceptable in the "culture"? 

"we're conservative" {uhhh} "but progressive"

- just what you want to hear when interviewing for a job at a bank, ehh?

 

Throw in a significant self-evident influence from the local Jesuit Marxist M.B.A. factory...

https://www.google.com/#q=Jesuit+Reductions+Communism+Paraguay

...and then consider how fractional lending and the worship of the Velocity of the almighty Dollar fit into the "from each according to their ability - to each according to their needs" equation - in a collective where, as in the case of the Jesuit centrally-bankstered communist farms in Paraguay, the worker-Indians/bees are never Empower(tm)ed to understand the true nature of the systemic hive they're being enslaved within.

Got Hierarchical Oligarchical collectivism?

[jsanders2001]

I have found that the only way I can think like a liberal is parachute out of a plane at 30,000 ft sans parachute and helmet, land on some railroad tracks and get hit by a train. what’s left of my brains is then suitable to understand them...

[HLPhat]

The first step in salvaging any system is to understand the original specification for how it was supposed to operate —

“TO SECURE THESE RIGHTS” being the declared foundational purpose America’s founders had in mind for their Republic to operate upon.

When the Politically Correct corporate/collective hive-mind (state-established or otherwise) deliberately ignores, discards, or undermines the intent of the 1st amendment - the manure wagon is headed for the wind tunnel, again.

Somebody should debug that, or something!

[GOPJ]

They’ve graduated from liberal government propaganda centers taught by low IQ union members....

I’m sure most of these folks have no clue about what socialism is - or how’s it’s functioned in the real world.

[HLPhat]

>>suitable to understand them...

“I don’t need to know the truth, I’ve got kids”
—A. Manager

What does this mean?

In 1989 I worked in a company that was responsible for the engineering and construction of co-generation power plants.

We had Mormons, and Atheists, and Catholics and Lutherans, Mexicans, and Irish and Asians... and all sorts of American whatevers - and everybody talked about everything - sex, politics, religion, technology ... while working TOGETHER and getting the job done LIKE AMERICANS DID.

An astoundingly unfortunate socially engineered transformation has been inflicted upon America since then.

[Buttons12]

Colleges are brimming over with anti-capitalist morons who will be reinforced there; and then there are the people who worked hard to pay the tuitions to send these kids to college, and the people who co-signed the loans.
The students have some excuse. Their elders have not.

[Buttons12]

a scathing indictment of four generations of FedGov meddling in the education of our youth

"Where were their parents?"