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    New Poll Finds Most Millennials Reject Capitalism

    New Poll Finds Most Millennials Reject Capitalism

    They were raised to be obsessed with fairness.

    According to a new poll conducted by Harvard, a majority of Millennials reject the idea of capitalism.

    It’s no surprise that a generation of people who grew up in the era of “everyone gets a trophy” reject the idea of unequal rewards based on hard work. Millennials were educated largely by public schools obsessed with the idea of fairness and afraid in some cases to let children play the game of tag.

    One has to wonder if the participants responded on their iPhones.

    The Washington Post published the details of the poll:

    A majority of millennials now reject capitalism, poll shows

    In an apparent rejection of the basic principles of the U.S. economy, a new poll shows that most young people do not support capitalism.

    The Harvard University survey, which polled young adults between ages 18 and 29, found that 51 percent of respondents do not support capitalism. Just 42 percent said they support it.

    It isn’t clear that the young people in the poll would prefer some alternative system, though. Just 33 percent said they supported socialism. The survey had a margin of error of 2.4 percentage points.

    The results of the survey are difficult to interpret, pollsters noted. Capitalism can mean different things to different people, and the newest generation of voters is frustrated with the status quo, broadly speaking.

    All the same, that a majority of respondents in Harvard University’s survey of young adults said they do not support capitalism suggests that today’s youngest voters are more focused on the flaws of free markets.

    “The word ‘capitalism’ doesn’t mean what it used to,” said Zach Lustbader, a senior at Harvard involved in conducting the poll, which was published Monday. For those who grew up during the Cold War, capitalism meant freedom from the Soviet Union and other totalitarian regimes. For those who grew up more recently, capitalism has meant a financial crisis from which the global economy still hasn’t completely recovered.

    In a case of perfect timing, Ed Driscoll of Instapundit recently posted a classic interview with Ayn Rand in which she is asked to explain why some people reject capitalism. It’s a little long but fascinating:

    It’s ironic that a generation which enjoys more freedom, choices and convenience than any before them reject the system which made that possible.

    Millennials who support Bernie Sanders seem to think a socialist America would look like Norway. The truth is that it would look more like Greece, or Detroit if you prefer an example closer to home.

    The simple fact is that members of generation snowflake wouldn’t last a day in a truly socialist country.

    There were no “safe spaces” in the U.S.S.R.

    Featured image is a screen cap.

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    Comments



     
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    healthguyfsu | April 27, 2016 at 11:13 am

    An example of the passive aggressive fairness whining I see from students (and believe me I realize it could have been much, much worse than this):

    Since you always offer the opportunity to challenge test answers I figured I could bring up a concern about the mini practical today with you. I’m not necessarily challenging a specific question but rather the process of it. Amongst the students in our lab group we felt as if the time was not sufficient to adequately answer questions to our best ability, all of us seem to have felt rushed which made us unsure of some of the answers we had put. Obviously it’s over now and can’t be changed but I figured feedback from more than one student could raise some attention for potential future changes.

    Lastly, something that hasn’t sat well with me since the time lab ended was the histology review that you were conducting during the practical time. While I am aware that I should have been prepared at the start of the lab to take the practical, I believe that the students who took the practical after hearing you review histology in class had an unfair advantage. You had given the option for a group to give up their position and go last, and had we known that a histology review would be conducted then we would have taken that opportunity. I realize that you were not explicitly giving answers during the review but I did see at least 3 of the things that were on the practical gone over. If I had had the opportunity to hear this review before I had taken the practical I would have been able to score higher on the histology portion since I had just seen these things and heard them explained by you. Again I am not the only one who feels this way but our whole lab group and the Ace’s table vocalized that it was unfair.

    I am not asking for my grade to be changed because I believe I earned what I got (because I should have been prepared at the start of class). I just think that many other students strongly felt the same way about these issues and they could be causing students to not perform as well as they could, as well as providing an unfair advantage for the later groups. Thanks for listening to some of my thoughts! Hope you enjoy the rest of your night! 🙂


     
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    Sanddog | April 27, 2016 at 12:17 pm

    Ignorant millennials blame capitalism for their own stupidity.

    Yep.


     
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    MJN1957 | April 27, 2016 at 1:35 pm

    Of course they are for “fairness”, just as long as others pay the cost of that “fairness”.

    Start making THEM pay the cost and that opinion changes rather suddenly.


     
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    jolanthe | April 27, 2016 at 3:21 pm

    Some of them might have the idea that life is a zero sum game. That there is a set amount of wealth on earth. That the earth is like a pie– it’s round!– and there’s only so much pie for everyone to share. If someone doesn’t have a piece of the pie, means someone else has a too big piece. An individual using skill, talent, intelligence, effort or resourcefulness, to freely make their own pie, is being greedy and stealing pie.


     
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    nordic_prince | April 27, 2016 at 4:19 pm

    Life isn’t fair, kid. The sooner you accept that fact, the better off you’ll be ~


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