The Cato 2019 Welfare, Work, and Wealth Nationwide Survey finds that Individuals below 30 stand out from their dad and mom and grandparents’ of their attitudes towards socialism, capitalism, and resentment towards the wealthy. These outcomes could assist clarify the hanging success of self-described democratic socialist Bernie Sanders in capturing the help of the younger. Younger Individuals really feel extra resentment towards the wealthy. Emily Ekins writes on Cato Institute:
Younger Individuals are the one cohort by which a majority imagine the rich didn’t earn their wealth. A slim majority (52%) of Individuals below 30 say that “most” wealthy folks in the USA obtained wealthy “by profiting from different folks.” In distinction, a robust majority (72%) of seniors (65+) say that almost all rich folks in America “earned their wealth” with out exploiting folks.
Throughout the board, youthful individuals are extra seemingly than older folks to carry adverse attitudes towards the wealthy. Individuals below 30 are about 20–35 factors extra seemingly than Individuals age 65 and older to really feel “indignant” once they learn or hear about wealthy folks (44% vs. 11%), to really feel extra “resentment” than “admiration” of wealthy folks (39% vs. 16%), to imagine it’s “immoral” for society to permit folks to turn into billionaires (39% vs. 13%), and to imagine that residents taking violent motion in opposition to the wealthy is typically justified (35% vs. 10%). Younger individuals are additionally about 10–25 factors extra seemingly than older folks to imagine billionaires are a menace to democracy (51% vs. 26%), to disagree that billionaires earned their wealth by creating worth for others (39% vs. 26%), and to disagree that wealthy folks make society higher off by investing in new companies that create jobs and invent expertise (38% vs. 21%).
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