

There is a similar pattern on views of capitalism.

Today, just 14% say they have a positive impression of socialism, while about four times as many say they have a very negative view of the term. There has not been significant change among Republicans and Republican-leaning independents since 2019. Today a smaller majority of Democrats (57%) say they have a positive impression. In 2019, nearly two-thirds of Democrats and Democratic leaners (65%) had a positive view of socialism. Much of the decline in positive views of both socialism and capitalism has been driven by shifts in views among Democrats and Democratic-leaning independents. Six-in-ten today say they view socialism negatively, including one-third who view it very negatively.Īnd while a majority of the public (57%) continues to view capitalism favorably, that is 8 percentage points lower than in 2019 (65%), according to a national survey from Pew Research Center conducted Aug. adults say they view socialism somewhat (30%) or very (6%) positively, down from 42% who viewed the term positively in May 2019. The American public continues to express more positive opinions of “capitalism” than “socialism,” although the shares viewing each of the terms positively have declined modestly since 2019. Here are the questions used for the report and its methodology. See the Methodology section for additional details. adult population by gender, race, ethnicity, partisan affiliation, education and other categories. The survey is weighted to be representative of the U.S. Respondents on both panels are recruited through national, random sampling of residential addresses. The survey was primarily conducted on the Center’s nationally representative American Trends Panel, with an oversample of Hispanic adults from Ipsos’ KnowledgePanel. For this analysis, we surveyed 7,647 adults from Aug. Everyone would be employed in public enterprises, and there would be no incentive for anyone to manage things, so they could pocket additional profits.Pew Research Center conducted this study to better understand how the public views socialism and capitalism. Thus, the state would own all sorts of businesses, land, property, and other means of production that now belong to individuals.

Capitalism provides incentives to be productive and has led to great wealth while simultaneously leading to widening gaps in income equality.
