Thursday, April 9, 2009

Capitalism vs. Socialism

In my daily Rasmussen update, I noticed that the results of Capitalism vs. Socialism came in.

Only 53% of American adults believe capitalism is better than socialism.

Ugh.

But...when Rasmussen breaks down the results a bit more, here is what we find:

Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.

Investors by a 5-to-1 margin choose capitalism. As for those who do not invest, 40% say capitalism is better while 25% prefer socialism.

What I would love to find out is WHERE DO THEY FIND THESE PEOPLE? Obviously, the ones in support of Socialism don't really care about money anyway (I'm going to go out on a limb and guess they're currently BENEFITTING from investors)...

I'm willing to be that the 33% of under 30s are on liberal college campuses for one. Because even MY liberal under 30 friends don't support SOCIALISM.

I just wish people would take the time to study history and how socialism has been "so" successful in other countries.

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