August 24, 2018
How Much Does Socialism Cost?
A favorable view of socialism is rising among certain demographic groups in the United States. In a recent Gallup poll, 57% of Democrats surveyed said they now have a more favorable or positive view of socialism, compared to 16% their Republican counterparts. Not surprisingly, 51% of people under the age of 30 view socialism favorably, while 45% of the same age group believe that capitalism is still a good idea. It's important to note that those responding favorably to the idea of a socialist economic system don't necessarily advocate, nor do they endorse, the U.S. government nationalizing (that is, seizing ownership of) big corporations and small private businesses. They lean more toward the government providing basic needs, such as free health care, guaranteed employment, and "free" college education. Alexandria Ocasio-Cortez, the 28-year-old avowed socialist and fresh face of Democrats, had trouble...(Read Full Article)