As we noted in the beginning of this chapter, Americans and especially young people seem to be
Question:
As we noted in the beginning of this chapter, Americans and especially young people seem to be losing confidence in capitalism. A 2018 poll of Americans between ages 18 and 29 found 45 percent holding a positive view of capitalism while 51 percent felt positively about socialism. Fifty-six percent of Americans overall have positive views of capitalism and 37 percent feel positively about socialism, according to the same poll. Certainly we are not on the cusp of a socialist revolution, but many young people seem to think a form of democratic socialism that retains a less harsh free market system and asks more of government may be more effective than our current approach to attacking social problems, including their own economic prospects. What do you think?
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Law Business And Society
ISBN: 9781260247794
13th Edition
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker