Only 9 percent of Americans younger than 30 have a “very positive” view of capitalism, according to a new CBS/YouGov poll.

That shows a stark generation between Generation Z and older generations.

The data arrives amid a surge in democratic socialist victories across the U.S. — and not just in progressive corners of the country. Florida state Rep. Angie Nixon (D) on Tuesday beat out the more moderate Alex Vindman (D) in the Democratic Senate primary in Florida, a state known for its sunshine, not socialism.

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[–] 8 points 2 days ago (2 children)

The problem with the unregulated capitalism we're seeing globally, is intergenerational wealth. In very short, it's inheritance.

If everyone were to build themselves up from nothing, we'd have a pretty strong merit based system.

But when rich fucks can hand millions upon millions to their off spring, so no matter their ability to understand the world will live comfortably. Then everything breaks apart.

Ultimately will unregulated capitalism always see wealth/profits drift towards the already wealthy families. Where as resetting wealth every generation, would make dynasties way less likely to exist.

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  • [–] 1 point 1 day ago (1 child)

    Why would we want a "strong merit based" system? Congrats, you won the genetic lottery and are healthy with attentive parents! Your life has more value than others!

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  • [–] 1 point 1 day ago

    So experts are in a position of power and knowledge creation.

    We want whoever is better at a topic, to excel at the topic and be able to research within the topic. Likewise we want ministers of health, whom actually understand health and the science behind it

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