ARTICLE

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

News Image By Michael Snyder - The Economic Collapse Blog May 04, 2016
Share this article:

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.




Other News

October 26, 2026Wars And Rumors Of Wars: Is The World Bracing For Something Bigger?

The Middle East is once again holding its breath. Washington and Jerusalem are weighing another strike on Iran. Tehran is warning that any...

October 26, 2026Will AI Banking Bring A New Era Of Digital ID?

Banks are already grappling with a new problem: how to know whether an AI agent acting inside an account is truly authorized. The answer m...

October 26, 2026From Syria’s Shadow To Israel’s Side: The Golan Druze Make A Historic Choice

For decades, many Golan Druze held onto their Syrian identity and rejected Israeli citizenship. Now, thousands are choosing a different fu...

October 26, 2026A Church In Decline Must Ask: What Makes It Different?

The United Methodist and Episcopal Churches are losing members. But their deeper crisis is not simply that people are leaving. It is that,...

October 23, 2026The Cyberattack Crisis: The Coming Battle For Control Of The Internet

Cyberattacks are escalating, artificial intelligence is making hackers more dangerous, and the digital systems we depend upon are increasi...

October 23, 2026The Battle For Israel Is Now Being Fought Inside The Church

For decades, the battle over Israel has been fought in the halls of the United Nations, across university campuses, and in the streets of ...

October 23, 2026Can Humanity Stop What Revelation Says Is Coming From The Heavens?

On April 13, 2029, an enormous asteroid named Apophis will race past Earth at a distance of just 20,000 miles from our planet's surface. T...

Get Breaking News