While half of Millennial and Generation Z Americans say they’d rather live in a socialist country, an even greater percentage believe that free enterprise results in higher earnings.
According to a Harris Poll of 2,035 adults, conducted Feb. 21–25, 2019 and provided to Axios, Millennials and Generation Z respondents were more likely than the national average to agree with the statement that they would “Prefer living in a socialist country.”
Prefer living in a socialist country:
- Total: 37.2%
- Mill/Gen Z: 49.6%
Nonetheless, more than two-thirds of the Millennial and Generation Z cohorts agree than free enterprise produces high earnings, only slightly lower than the national average.
High earnings result of free enterprise:
- Total: 71.2%
- Mill/Gen Z: 67.1%
The Millennial and Generation Z contingents are comprised of those Americans 38 years old or younger, Pew Research explains:
“Anyone born between 1981 and 1996 (ages 23 to 38 in 2019) is considered a Millennial, and anyone born from 1997 onward is part of a new generation.
“Since the oldest among this rising generation are just turning 22 this year, and most are still in their teens or younger, we hesitated at first to give them a name – Generation Z, the iGeneration and Homelanders were some early candidates.”