In April Rasmussen Reports noted: “Only 53% of American adults believe capitalism is better than socialism.”
Rasmussen’s national telephone survey found that 20% prefer socialism.
The age breakdown is as follows: “Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.”
It’s certainly good to know that the large majority of Americans on the Social Security dole favor capitalism. Sad that the iPod crowd is harder to convince.