“For the first time in Gallup’s measurement over the past decade, Democrats have a more positive image of socialism than they do of capitalism,” states the report.
“Attitudes toward socialism among Democrats have not changed materially since 2010, with 57% today having a positive view. The major change among Democrats has been a less upbeat attitude toward capitalism, dropping to 47% positive this year — lower than in any of the three previous measures. Republicans remain much more positive about capitalism than about socialism, with little sustained change in their views of either since 2010.”
Socialism is still more appealing to younger Americans than older Americans, who consistently view capitalism more favorably.
Young Americans aged 18-29 have a 51% positive view of socialism and 45% positive view of capitalism. These numbers represent a 12-point decline in younger American’s positive views of capitalism in the past two years. It also “marked shift since 2010, when 68% viewed it positively. Meanwhile, young people’s views of socialism have fluctuated somewhat from year to year, but the 51% with a positive view today is the same as in 2010.”