Good analysis: Why socialism is on the rise.

From the Wall Street Journal:

Boomer Socialism Led to Bernie Sanders

Government policies limit millennials’ prosperity, Harvard economist Edward Glaeser argues. Will they realize more of the same isn’t the answer?

Fifty percent of adults under 38 told the Harris Poll last year that they would “prefer living in a socialist country.” 

That’s stunning, but here’s an interesting explanation why young people are thinking that something their parents abhor is preferable to capitalism.

One theory is that liberal college professors have corrupted the youngsters. Or, according to the article, “Critics often blame today’s socialist surge on millennials’ laziness.” I’m tempted to add a third, not included in the article: They don’t know what they’re talking about.

But this article has a different take: The economic and social system constructed by Boomers and other oldsters are designed to protect their interests, making it more difficult for the youngsters to realize their potential. In other words, us oldsters have frozen out the youngsters.

A fascinating theory with a lot of credibility in my opinion. Great for discussion.

dennis@dennisbyrne.net

www.dennisbyrne.net 

My historical novel: Madness: The War of 1812

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  • If socialism is so attractive to young Americans because these individuals have been kept at arm's length by older middle class citizens wanting to protect their way of life, the former might want to consider what most likely will happen to them if this country in fact goes full-bore socialist. Most immigrants to the U.S. come from socialist countries, and even more of them (currently 1.2 million annually) will want to pour across our borders, and the fools in Congress a.k.a Democrats (and their GOP handmaidens) will be more than happy to let them in. So if our "young uns" believe there's a shortage of opportunities now, what will their envisioned "better life style" really be like tomorrow? Winston Churchill supposedly said, "If you're not a socialist by the time you reach 30, you have no soul. If you're a socialist by the time you're 40, you have no brain."

  • In reply to davegorak:

    Well said.

  • In reply to davegorak:

    "Most immigrants to the U.S. come from socialist countries." How do you figure that?

  • I believe Winston Churchill enjoyed Britain's socialist healthcare system in the twilight of his life.

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