The American Millennial Attraction to Socialism
Comparing the Economies of Chinese Communism, Crony Corporate Capitalism, European Crony Socialism, and the American Free Enterprise Innovation Economy
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Millennials are attracted to socialism because they believe that the socialist economic systems are more fair than their concept of American capitalism, which is the crony corporate capitalist version of capitalism. Our book extends the analysis of the Annual Report on US Attitudes Toward Socialism to explain why so many young Americans are attracted to socialism. We present the four major economic models in the world in order to help millennials better understand their possible choices about the best economic system, judged from their own perspective of fairness and social justice. We explain...
Millennials are attracted to socialism because they believe that the socialist economic systems are more fair than their concept of American capitalism, which is the crony corporate capitalist version of capitalism. Our book extends the analysis of the Annual Report on US Attitudes Toward Socialism to explain why so many young Americans are attracted to socialism. We present the four major economic models in the world in order to help millennials better understand their possible choices about the best economic system, judged from their own perspective of fairness and social justice. We explain that innovation economics is the most fair system, and that if millennials understood how the free enterprise entrepreneurial economy worked, that they would switch their allegiance from socialism to innovation economics.
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