> A recent survey by the Cato Institute and YouGov paints a troubling picture: 62 percent of Americans aged 18–29 say they hold a “favorable view” of socialism,

> A recent survey by the Cato Institute and YouGov paints a troubling picture: 62 percent of Americans aged 18–29 say they hold a “favorable view” of socialism, and 34 percent say the same of communism. Big fan of socialism, so I'm in good company at the moment. Are we a capitalist society? TBD based on the death rate (~2M of the 55+ population die every year in the US, ~5k/day; 31% of US wealth is held by those 70+), and if these values mentioned above stick as these folks age. I admit its hard to predict outcomes of electorate turnover over time, but we're directionally headed in the right direction imho. 60% of Americans cannot meet their basic needs on their income, half a million Americans go bankrupt every year from medical debt, and ~750k are homeless as of this comment; I'm of the opinion capitalism has failed and change is required, but I understand other opinions will differ based on some combination of lack of data, lived experience, mental models, etc. https://www.cato.org/blog/young-americans-socialism-too-much-thats-problem-libertarians-must-fix https://www.cato.org/blog/young-americans-socialism-too-much... https://www.cato.org/blog/81-say-they-cant-afford-pay-higher-taxes-next-year https://www.cato.org/blog/81-say-they-cant-afford-pay-higher... https://www.apolloacademy.com/31-percent-of-wealth-owned-by-people-over-70/ https://www.apolloacademy.com/31-percent-of-wealth-owned-by-... https://finance.yahoo.com/news/baby-boomers-now-gobbled-nearly-185807558.html https://finance.yahoo.com/news/baby-boomers-now-gobbled-near...