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Why Young Americans Are Drawn to Socialism
Nov 12, 2019 19:00:06   #
Squiddiddler Loc: Phoenix
 
True and so sad, they will be so sorry if Socialism is ever established in this country.

-------------------------------------------------------
Why Young Americans Are Drawn to Socialism
They may take for granted the bounty capitalism has bestowed.
STEVE CHAPMAN

Capitalism has been the most dynamic force for economic progress in history. Over the past century, it has delivered billions of people out of miserable poverty, raised living standards to once-unimaginable heights, and enabled an unprecedented flourishing of productive creativity. But among young Americans, it finds itself on trial.
The University of Chicago's GenForward Survey of Americans ages 18 to 34 finds that 62 percent think "we need a strong government to handle today's complex economic problems," with just 35 percent saying "the free market can handle these problems without government being involved."

Overall, 49 percent in this group hold a favorable opinion of capitalism—and 45 percent have a positive view of socialism. Socialism gets higher marks than capitalism from Hispanics, Asian-Americans, and African-Americans. Sixty-one percent of Democrats take a positive view of socialism—and so do 25 percent of Republicans.

Contrast the millennials' opinions with those of their parents. A survey last year found that only 26 percent of baby boomers would prefer to live in a socialist country. Among young people, the figure was 44 percent.


What explains this generational divergence? The first factor is that young adults may take for granted the bounty capitalism has bestowed, from cellphones to inexpensive air travel to an endless array of food and beverage options. They can't remember the time when those things didn't exist.

But they will never forget the pain and uncertainty caused by the brutal recession of 2007-09, which has taken years to overcome. Financial catastrophe is bound to foster disenchantment with the economic order.

The Great Depression of the 1930s gave rise to a far more powerful and intrusive federal government—and caused some people to embrace c*******m. This found an echo in the Great Recession, as a lot of young people reached adulthood in a dismal job market. Their earnings and advancement suffered—and the effects persist.

Many of them associate capitalism with crisis, not progress. That may change as the economy continues expanding. But some of capitalism's more dogmatic advocates have done it lasting harm.

For eight years, as the economy steadily improved, many Republicans denounced President Barack Obama as a socialist out to demolish the free market. Obama left office with a 77 percent approval rating among millennials. If he was a socialist, many of them must have decided, socialism can't be so bad.

Without that experience, Bernie Sanders could not have come so close to getting the Democratic nomination in 2016. The socialist label lost much of its stigma from being cynically overused by the right.

The demise of Marxism in so many countries has actually been a boon to the left. Socialism was once seen as the path to c*******m. But with the Soviet Union dead and China only pretending to be socialist, those fears have faded.

It doesn't help the reputation of capitalism that many of those fervently opposed to government interference and redistribution are strongly at odds with millennials on social issues—including gay rights, racial ine******y, immigration, gun control, and a******n rights.

The refusal of most conservatives to recognize the human role in g****l w*****g alienates those who will have to live with the environmental damage their elders did. In many minds, free markets have been discredited by their association with intolerance, rejection of science, and disregard for the poor.

For baby boomers, the champion of capitalism was Ronald Reagan. For millennials, it's Donald Trump. Among those who are 15 to 34, a recent poll found, two-thirds disapprove of his performance as president—and most regard him as "dishonest," "r****t," and "mentally unfit."

What millennials may not realize is that many of the distinctive burdens they face are caused at least as much by government involvement as by free markets. Federal loans and grants have pushed up college tuition. Medicare inflates demand for health care. High housing costs in New York and San Francisco owe a lot to rent control and land-use restrictions.

When markets are allowed to work, they continue to generate innovations that expand options and reduce costs. Amazon, Apple, Uber, Starbucks, and Walmart have made life better for consumers. Food and clothing take less of our disposable income than ever before. Cars, TVs, and appliances are better and more reliable than they used to be.

In the end, though, economic systems have to retain their moral and political legitimacy if they are to last. Capitalism has always had to overcome its critics. But today, it may suffer more from its friends.

Reply
Nov 12, 2019 20:10:23   #
debeda
 
Squiddiddler wrote:
True and so sad, they will be so sorry if Socialism is ever established in this country.

-------------------------------------------------------
Why Young Americans Are Drawn to Socialism
They may take for granted the bounty capitalism has bestowed.
STEVE CHAPMAN

Capitalism has been the most dynamic force for economic progress in history. Over the past century, it has delivered billions of people out of miserable poverty, raised living standards to once-unimaginable heights, and enabled an unprecedented flourishing of productive creativity. But among young Americans, it finds itself on trial.
The University of Chicago's GenForward Survey of Americans ages 18 to 34 finds that 62 percent think "we need a strong government to handle today's complex economic problems," with just 35 percent saying "the free market can handle these problems without government being involved."

Overall, 49 percent in this group hold a favorable opinion of capitalism—and 45 percent have a positive view of socialism. Socialism gets higher marks than capitalism from Hispanics, Asian-Americans, and African-Americans. Sixty-one percent of Democrats take a positive view of socialism—and so do 25 percent of Republicans.

Contrast the millennials' opinions with those of their parents. A survey last year found that only 26 percent of baby boomers would prefer to live in a socialist country. Among young people, the figure was 44 percent.


What explains this generational divergence? The first factor is that young adults may take for granted the bounty capitalism has bestowed, from cellphones to inexpensive air travel to an endless array of food and beverage options. They can't remember the time when those things didn't exist.

But they will never forget the pain and uncertainty caused by the brutal recession of 2007-09, which has taken years to overcome. Financial catastrophe is bound to foster disenchantment with the economic order.

The Great Depression of the 1930s gave rise to a far more powerful and intrusive federal government—and caused some people to embrace c*******m. This found an echo in the Great Recession, as a lot of young people reached adulthood in a dismal job market. Their earnings and advancement suffered—and the effects persist.

Many of them associate capitalism with crisis, not progress. That may change as the economy continues expanding. But some of capitalism's more dogmatic advocates have done it lasting harm.

For eight years, as the economy steadily improved, many Republicans denounced President Barack Obama as a socialist out to demolish the free market. Obama left office with a 77 percent approval rating among millennials. If he was a socialist, many of them must have decided, socialism can't be so bad.

Without that experience, Bernie Sanders could not have come so close to getting the Democratic nomination in 2016. The socialist label lost much of its stigma from being cynically overused by the right.

The demise of Marxism in so many countries has actually been a boon to the left. Socialism was once seen as the path to c*******m. But with the Soviet Union dead and China only pretending to be socialist, those fears have faded.

It doesn't help the reputation of capitalism that many of those fervently opposed to government interference and redistribution are strongly at odds with millennials on social issues—including gay rights, racial ine******y, immigration, gun control, and a******n rights.

The refusal of most conservatives to recognize the human role in g****l w*****g alienates those who will have to live with the environmental damage their elders did. In many minds, free markets have been discredited by their association with intolerance, rejection of science, and disregard for the poor.

For baby boomers, the champion of capitalism was Ronald Reagan. For millennials, it's Donald Trump. Among those who are 15 to 34, a recent poll found, two-thirds disapprove of his performance as president—and most regard him as "dishonest," "r****t," and "mentally unfit."

What millennials may not realize is that many of the distinctive burdens they face are caused at least as much by government involvement as by free markets. Federal loans and grants have pushed up college tuition. Medicare inflates demand for health care. High housing costs in New York and San Francisco owe a lot to rent control and land-use restrictions.

When markets are allowed to work, they continue to generate innovations that expand options and reduce costs. Amazon, Apple, Uber, Starbucks, and Walmart have made life better for consumers. Food and clothing take less of our disposable income than ever before. Cars, TVs, and appliances are better and more reliable than they used to be.

In the end, though, economic systems have to retain their moral and political legitimacy if they are to last. Capitalism has always had to overcome its critics. But today, it may suffer more from its friends.
True and so sad, they will be so sorry if Socialis... (show quote)


Good article.

But the short answer to the question is "Free stuff"

Reply
Nov 12, 2019 20:48:28   #
Squiddiddler Loc: Phoenix
 
debeda wrote:
Good article.

But the short answer to the question is "Free stuff"


Yes. because they have had it handed to them all their life and think there's a never-ending stash of free goodies just allotted for them.

Reply
 
 
Nov 12, 2019 20:57:17   #
debeda
 
Squiddiddler wrote:
Yes. because they have had it handed to them all their life and think there's a never-ending stash of free goodies just allotted for them.



Reply
Nov 12, 2019 22:32:26   #
Radiance3
 
Squiddiddler wrote:
True and so sad, they will be so sorry if Socialism is ever established in this country.

-------------------------------------------------------
Why Young Americans Are Drawn to Socialism
They may take for granted the bounty capitalism has bestowed.
STEVE CHAPMAN

Capitalism has been the most dynamic force for economic progress in history. Over the past century, it has delivered billions of people out of miserable poverty, raised living standards to once-unimaginable heights, and enabled an unprecedented flourishing of productive creativity. But among young Americans, it finds itself on trial.
The University of Chicago's GenForward Survey of Americans ages 18 to 34 finds that 62 percent think "we need a strong government to handle today's complex economic problems," with just 35 percent saying "the free market can handle these problems without government being involved."

Overall, 49 percent in this group hold a favorable opinion of capitalism—and 45 percent have a positive view of socialism. Socialism gets higher marks than capitalism from Hispanics, Asian-Americans, and African-Americans. Sixty-one percent of Democrats take a positive view of socialism—and so do 25 percent of Republicans.

Contrast the millennials' opinions with those of their parents. A survey last year found that only 26 percent of baby boomers would prefer to live in a socialist country. Among young people, the figure was 44 percent.


What explains this generational divergence? The first factor is that young adults may take for granted the bounty capitalism has bestowed, from cellphones to inexpensive air travel to an endless array of food and beverage options. They can't remember the time when those things didn't exist.

But they will never forget the pain and uncertainty caused by the brutal recession of 2007-09, which has taken years to overcome. Financial catastrophe is bound to foster disenchantment with the economic order.

The Great Depression of the 1930s gave rise to a far more powerful and intrusive federal government—and caused some people to embrace c*******m. This found an echo in the Great Recession, as a lot of young people reached adulthood in a dismal job market. Their earnings and advancement suffered—and the effects persist.

Many of them associate capitalism with crisis, not progress. That may change as the economy continues expanding. But some of capitalism's more dogmatic advocates have done it lasting harm.

For eight years, as the economy steadily improved, many Republicans denounced President Barack Obama as a socialist out to demolish the free market. Obama left office with a 77 percent approval rating among millennials. If he was a socialist, many of them must have decided, socialism can't be so bad.

Without that experience, Bernie Sanders could not have come so close to getting the Democratic nomination in 2016. The socialist label lost much of its stigma from being cynically overused by the right.

The demise of Marxism in so many countries has actually been a boon to the left. Socialism was once seen as the path to c*******m. But with the Soviet Union dead and China only pretending to be socialist, those fears have faded.

It doesn't help the reputation of capitalism that many of those fervently opposed to government interference and redistribution are strongly at odds with millennials on social issues—including gay rights, racial ine******y, immigration, gun control, and a******n rights.

The refusal of most conservatives to recognize the human role in g****l w*****g alienates those who will have to live with the environmental damage their elders did. In many minds, free markets have been discredited by their association with intolerance, rejection of science, and disregard for the poor.

For baby boomers, the champion of capitalism was Ronald Reagan. For millennials, it's Donald Trump. Among those who are 15 to 34, a recent poll found, two-thirds disapprove of his performance as president—and most regard him as "dishonest," "r****t," and "mentally unfit."

What millennials may not realize is that many of the distinctive burdens they face are caused at least as much by government involvement as by free markets. Federal loans and grants have pushed up college tuition. Medicare inflates demand for health care. High housing costs in New York and San Francisco owe a lot to rent control and land-use restrictions.

When markets are allowed to work, they continue to generate innovations that expand options and reduce costs. Amazon, Apple, Uber, Starbucks, and Walmart have made life better for consumers. Food and clothing take less of our disposable income than ever before. Cars, TVs, and appliances are better and more reliable than they used to be.

In the end, though, economic systems have to retain their moral and political legitimacy if they are to last. Capitalism has always had to overcome its critics. But today, it may suffer more from its friends.
True and so sad, they will be so sorry if Socialis... (show quote)

=================
Young Americans or millennials grew up indoctrinated in schools from high schools to colleges and universities.

Liberals professors in colleges and universities outnumber conservatives from 12 to 1. At the same time, most schools now have eliminated the teachings of civics or history to the children. They haven't learned that the Founders or our great ancestors had sacrificed working to building up their lives thru hard labor and self-determination for success. This country was built thru hard labor, self-responsibility, the engine of capitalism.

The liberal -socialist democrats further their ignorance by promising free college education, and the payment of their student debts of about $1.4 trillion. Most ethnic groups of B****s and Hispanics want Socialism due to free stuff.

They never appreciated the meaning of self-responsibility, but nurtured to dependency. That is how they see it, thus socialism they believe is a good life for them, dependent upon the big government to usher them into forever dependency.

There is no country in this world that ever succeeded in Socialism. It is ironic that these present millennials are craving for socialism when all the people of the world are running away from the socialist countries and seeking asylum to the US a capitalistic country. Poverty, oppression, and s***ery are the end goals of socialism.
Where the leaders hoard all the assets of the state for their own,, their families and people that surround to protect them.

This country was built its prosperity in the economy and the self-sufficiency of those who'd worked hard, creative and inventive to establish capitalistic ventures. Private corporations and companies expanded and grew and at the same time provided employment to all the American people who similarly grew thru their hard works and innovations.

The socialist population don't think much, because they are only rationed by their government as they work for them. The government thinks for them.
This is a scary and troublesome trend that majority of the young generation in America today are heeding the wrong way.

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