Shocker: 36% of Millennials Favor Communism Over Capitalism

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The Victims of Communism Memorial Foundation (VOC) released its fourth Annual Report on US Attitudes Toward Socialism, Communism, and Collectivism. 

This year’s study showed increased support for communism (36%) among Millennials compared to 2018. Opinions of capitalism took a steep decline from 2018 to 2019, with only one-in-two among Millennials (ages 23-38) and Generation Z (ages 16-22) having a favorable opinion of capitalism. Socialism’s favorability decreased markedly from 2018, among all generations except for Millennials and the Silent Generation (ages 74+).

“The historical amnesia about the dangers of communism and socialism is on full display in this year’s report,” said Marion Smith, Executive Director of the Victims of Communism Memorial Foundation. “When we don’t educate our youngest generations about the historical truth of 100 million victims murdered at the hands of communist regimes over the past century, we shouldn’t be surprised at their willingness to embrace Marxist ideas. We need to redouble our efforts to educate America’s youth about the history of communist regimes and the dangers of socialism today.” 

KEY TAKEAWAYS

  • Capitalism is still viewed more favorably than other economic systems, holding relatively steady at 61% favorability from 2018; however, favorability of capitalism is lower among Generation Z and Millennials at around only 50%, down 6 points and 8 points from 2018 respectively.
  • Communism is viewed favorably by more than one-in-three Millennials (36%), up 8 points from 2018.
  • While 80% of Americans say they trust themselves (over government and community) to take care of their own interests, younger generations are about 25% less likely to say this.
  • While 50% of Millennials say they are “somewhat likely” and 20% of Millennials say they are “extremely likely” to vote for a socialist candidate, doubling from 10% in 2018, Americans overall are more hesitant about voting for a “democratic socialist” than they were last year (53% “never” or “hesitant” in 2019 versus 47% in 2018).
  • About one-in-five Millennials (22%) believe that “society would be better if all private property was abolished,” compared to 1% of the Silent Generation.