America’s Support for Capitalism Has Plummeted

“Americans are losing confidence in two main pillars of society: capitalism and democracy,” the Wall Street Journal reports.

“Just under half of Americans say capitalism is working very well or even somewhat well, down from 60% who said so about a decade ago, according to a new Wall Street Journal-NORC survey. Only 35% are even fairly sure that the nation offers people the ability to get good jobs and achieve the American dream.”

“Confidence in the nation’s system of government is even lower. Only 12% say democracy is working very well or extremely well, and a mere 16% say average citizens have considerable influence on politics.”