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Support for capitalism is waning as a new generation embraces views of collective economic policies and programs.
Two hundred years after the birth of Karl Marx, his views are now coming back into vogue despite a long history of economic failures in socialist countries.
A new poll conducted June 11-25 by Momentive on behalf of
Axios found that a majority (57% of U.S. adults) still have a favorable view of capitalism. However, the most notable data point is age.
Those 18-34 now are evenly split on negative and positive views of capitalism. (46% vs. 49%). The dislike for capitalism rises further at younger age groups. For those 18 to 24, the negative views outweighing positive views by a margin of 54% to 42%.