America's continued move toward socialism

June 26, 2021

Why it matters: The pandemic has caused millions of Americans — including many younger Republicans — to re-evaluate their political and economic worldview. 56% of younger Republicans say the government should pursue policies that reduce the wealth gap, up from just 40% two years ago. By the numbers: In 2019, 58% of Americans ages 18-34 reacted positively to the word capitalism. Only 48% of American women view capitalism in a positive light, down from 51% two years ago. Today, 18-34 year-olds are almost evenly split between those who view capitalism positively and those who view it negatively (49% vs. 46%).