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By Dennis Byrne, today at 2:11 pm

From the Wall Street Journal:

Fifty percent of adults under 38 told the Harris Poll last year that they would prefer living in a socialist country.

That's stunning, but here's an interesting explanation why young people are thinking that something their parents abhor is preferable to capitalism.

One theory is that liberal college professors have corrupted the youngsters.Or, according to the article, "Critics often blame todays socialist surge on millennials laziness." I'mtempted to add a third, not included inthe article: They don't know what they're talking about.

But this article has a different take: The economic and social system constructed by Boomers and other oldsters aredesignedto protect their interests, making it more difficult for the youngsters to realize their potential. In other words, us oldsters have frozen out the youngsters.

A fascinating theory with a lot of credibility in my opinion. Great for discussion.

dennis@dennisbyrne.net

http://www.dennisbyrne.net

My historical novel: Madness: The War of 1812

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Link:
Good analysis: Why socialism is on the rise. - ChicagoNow