(4.1.2019) Back in 2010, 68 percent of young people, 18-29 years old, said they approved of capitalism, while 51 percent said they approved of socialism, according to Gallup. Fast-forward to August 2018, and that same age group backs socialism over capitalism, 51 percent to 45 percent.
Democrats, meanwhile, were evenly split between capitalism and socialism back in 2010. But now, 57 percent say they hold a positive view of socialism, compared with just 47 percent who say the same for capitalism.