U.S. Capitalism Approval Drops to 54%

Americans' positive view of capitalism has declined to 54%, the lowest Gallup has recorded, while perceptions of socialism remain steady at 39%. Democrats are more favorable towards socialism than capitalism, with over two-thirds viewing socialism positively, contrasting with Republicans who overwhelmingly favor capitalism. Overall, Americans are more positive about small business and free enterprise than big business, which has seen a decline in positive ratings across all groups. Despite skepticism towards socialism, Democratic officials continue to advocate for expanded government roles in the economy.