Proof The Bible Is True

10/14/19

 

In a nation that has prided itself on the “American Dream” – the dream that anyone can become wealthy if they work hard enough and make the right decisions – it’s probably a shock to learn that a lot of folks no longer believe in capitalism.

 

But the shock goes even deeper than that. A report from the Cato Institute that examined Americans’ opinions on wealth and the wealthy says that 47% of American socialists believe that  “taking violent action against the rich may be justified.”

 

About the report

 

The Cato Institute is a think tank that performs independent, non-partisan research into a wide range of issues related to personal liberty, limited government, free markets, and peace. You can learn more about the Cato Institute here.

 

The new report is entitled What Americans Think About Poverty, Wealth, and Work.

 

The survey…investigates attitudes toward the rich and the poor and examines what Americans believe about work, welfare, and social mobility. (source)

 

Many of the results seem to be right down party lines and in this political climate, are frighteningly predictable.

 

Let’s take a look at the findings.

 

Socialism vs. Capitalism

 

Opinions have taken a shift since 2016.

 

In 2016, Democrats were about as favorable toward capitalism (58%) as socialism (56%). But after President Donald Trump took office, Democrats became more favorable toward socialism. Today, 64% of Democrats have favorable opinions of socialism and 45% are favorable to capitalism. Republicans continue to have overwhelmingly favorable views of capitalism (77%) while only 13% have favorable views of socialism. (source)

 

Read more: 47% of Socialists Say Violence Against Rich May Be “Justified”