Capitalism Is Slipping — And So Is America’s Compass

Gallup’s new survey shows faith in capitalism at historic lows. That should alarm us all. The problem isn’t capitalism — it’s that we’ve forgotten what it really means.

Hello Friends!

Gallup just released a sobering poll: only 54% of Americans now view capitalism positively, the lowest level since they started tracking it in 2010. Can you believe it?

Support among Democrats has collapsed to 42%, while two-thirds now say they prefer socialism. Independents are slipping too, barely above 50%. Republicans remain strong at 74%, but even there, confidence in “big business” has eroded.

What’s happening? Why is the system that has lifted billions out of extreme poverty around the world now viewed with suspicion here at home? The answer is simple: what most Americans see today isn’t real capitalism. It’s a messy blend of crony corporatism, bloated government, and populist handouts — dressed up as “market solutions.”