Majority Of Brits Aged 16-34 Would Prefer A Socialist Economic System, According To Recent Poll

  • 67% of young Britons would like to live under a socialist economic system, and more millennials are rejecting capitalism, according to new research.
  • 75% agreed that “socialism is a good idea, but it has failed in the past because it has been badly done.”
  • Nor is it simply a replay of the student radicalization of the 1960s. This is a long-term shift in attitudes, which is not going to go away on its own,” Dr. Niemietz said.

Staff at write:

“A majority of young Britons would like to live under a socialist economic system, according to new research.

Millennials are rejecting capitalism and are laying blame for crises from climate change to housing firmly at its door.

They feel that socialism, on the other hand, is a good idea that has simply been done badly in the past.

The poll of young people between the ages of 16 and 34, carried out for the Institute of Economic Affairs, found that 67% would like to live in a socialist economic system.

With the rise of mass movements such as Black Lives Matter, Extinction Rebellion, Greta Thunberg’s climate movement, and even Corbynmania, the Millennial generation is now seen as hyper-politicised, embracing woke culture and anti-capitalist ideas.

They associate socialism with positive terms such as “equal” and “fair”. They don’t associate it with “failure” or link it to Venezuela where, under the socialist rule of Hugo Chavez, the country’s once thriving economy has descended into poverty.

They associate capitalism, on the other hand, with terms such as “exploitative”, “unfair”, “the rich” and “corporations…”

See full story here.

Categories: Business, Education, Government, International, Labor, Politics

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