The Atlantic

How Capitalism Broke Young Adulthood

Boomers have socialism. Why not Millennials?
Source: Shannon Stapleton / Reuters

With Senator Bernie Sanders rising in the Democratic-primary polls, it is becoming not just thinkable but even plausible that the United States could, for the first time, elect a self-described socialist to the White House.

Instead of relying on the party’s graying voters, Sanders has galvanized a younger coalition by promising a profound expansion of the welfare state, which would include free health care, free college, and the elimination of outstanding student debt.

Skeptical older voters might see little here but a list of fantastical promises that are utterly out of step with American traditional and modern capitalism. Socialism remains deeply unpopular among Americans born before 1975. Even in the Democratic Party, Sanders polls 30 points better among Americans under 45 than among those over 65.

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