60% of Americans Support Capitalism – 35% Support Socialism
May 20, 2016
(CNS News) – In 2016, a majority of Americans (60%) have a positive image of capitalism, while only 35 percent have a positive image of socialism, a recent Gallup poll shows.
According to Gallup, “Americans’ image of socialism is no better now than it was six years ago.” Indeed, it is slightly worse. Back in 2010, a greater percentage (36%) of Americans had a positive view of socialism than do today (35%), and in 2012, 39 percent of Americans had a positive view of socialism, denoting a four percent drop between then and now.
Meanwhile, capitalism saw only a marginal drop over the same six year period. The 60 percent who have a positive view of capitalism in 2016 is only one percent lower than in both 2010 and 2012, when 61 percent of Americans had a positive image of capitalism.
During this same six year period, Americans’ image of the federal government has seen a modest decline. In 2010, 46 percent of Americans had a positive view of the federal government, compared with only 44 percent who have a positive view of the federal government today – a two percent drop over the period. In 2012, 51 percent of Americans had a positive view of the federal government.