logo
    • Magazine
    • Membership
    • Donate
  • Racial Justice
  • Economic Justice
    • Collections
  • Climate Justice
  • Health Justice
  • Leadership
  • CONTENT TYPES
  • Subscribe
  • Webinars
    • Upcoming Webinars
    • Complimentary Webinars
    • Premium On-Demand Webinars
  • Membership
  • Submissions

Survey: Millennials Don’t See Capitalism as a Given

Marian Conway
April 27, 2016
Share
Tweet
Share
Email
Print
Image: Courtesy of www.SeniorLiving.Org
Image: Courtesy of SeniorLiving.Org

April 26, 2016; Washington Post

Even as we consider this article, we get the sense that younger people are ready for a different core image of what the economy could and should do.

According to the latest survey by the Institute of Politics at Harvard University, 18- to 29-year-olds are discouraged with society’s status quo in the U.S. The targeted age group spent a significant portion of their life during economic turmoil—they grew up in the recession that began in 2008.

Sign up for our free newsletters

Subscribe to NPQ's newsletters to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

The poll suggests “a majority of America’s 18- to 29-year-olds rejects both socialist and capitalist labels. 42 percent of young Americans support capitalism, and 33 percent say they support socialism.” Among likely millennial voters, 41 percent support socialism and 52 percent support capitalism. The nation is not going in the right direction according to three out of four young people surveyed. They did not, however, have a clearly defined direction for the country’s improvement. Although they fault the system, they do not think that the government should be a significant part of regulating the economy; only 27 percent agreed. They do not have confidence that the perceived source of the problems can be the entity that can fix those problems.

The polling director, John Della Volpe, interviewed a small sample of those surveyed in an attempt to find cause for the responses. He found that millennials believe the current form of capitalism does not provide opportunities for individuals to succeed, even if they work hard. Only 11 percent of those polled trust Wall Street. When asked about women’s opportunities, 59 percent agreed that the glass ceiling exists, further compounding their perceptions of a faulty economic model.

“Millennials care deeply about their futures and in this election cycle they are laser-focused on issues like access to educational opportunity, women’s equality and the economy,” said Harvard Institute of Politics Director Maggie Williams. “This survey reflects their passion, their worries and most importantly, a growing awareness that their voices have power.”—Marian Conway

Share
Tweet
Share
Email
Print
About the author
Marian Conway

Marian Conway, the executive director of the NY Community Bank Foundation, has a Masters in Interdisciplinary Studies, Writing and a Ph.D. in Public Policy, Nonprofit Management. She has discovered that her job and education have made her a popular person with nonprofits and a prime candidate for their boards. Marian keeps things in perspective, not allowing all that to go to her head, but it is difficult to say no to a challenge, especially participating in change, in remaking a board. She is currently on eleven boards of various sizes and has learned to say no.

More about: economic philosophyNonprofit NewsPolicy

Become a member

Support independent journalism and knowledge creation for civil society. Become a member of Nonprofit Quarterly.

Members receive unlimited access to our archived and upcoming digital content. NPQ is the leading journal in the nonprofit sector written by social change experts. Gain access to our exclusive library of online courses led by thought leaders and educators providing contextualized information to help nonprofit practitioners make sense of changing conditions and improve infra-structure in their organizations.

Join Today
logo logo logo logo logo
See comments

Spring-2023-sidebar-subscribe
You might also like
Cancelling Student Debt Is Necessary for Racial Justice
Kitana Ananda
To Save Legal Aid, Expand Public Service Loan Forgiveness
Zoë Polk
No Justice, No Peace of Mind and Body: The Health Impacts of Housing Insecurity for Black Women
Jhumpa Bhattacharya, Maile Chand and Andrea Flynn
The Human Impact of the Global Refugee Crisis Must Be Understood—And Acted Upon
Anmol Irfan
Black Americans Need Reparations: The Fight for the CTC Highlights the Roadblocks
Jhumpa Bhattacharya and Trevor Smith
Edgar Cahn’s Second Act: Time Banking and the Return of Mutual Aid
Steve Dubb

NPQ Webinars

April 27th, 2 pm ET

Liberatory Decision-Making

How to Facilitate and Engage in Healthy Decision-making Processes

Register Now
You might also like
Cancelling Student Debt Is Necessary for Racial Justice
Kitana Ananda
To Save Legal Aid, Expand Public Service Loan Forgiveness
Zoë Polk
No Justice, No Peace of Mind and Body: The Health Impacts of...
Jhumpa Bhattacharya, Maile Chand and Andrea Flynn

Like what you see?

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

See our newsletters

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

NPQ-Spring-2023-cover

Independent & in your mailbox.

Subscribe today and get a full year of NPQ for just $59.

subscribe
  • About
  • Contact
  • Advertise
  • Copyright
  • Careers

We are using cookies to give you the best experience on our website.

 

Non Profit News | Nonprofit Quarterly
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.