Democrats are hurdling toward becoming the party of socialism, embracing the failed ideology right after voters made it clear in the 2024 elections that the party is too radical.
Gallup found that capitalism has its lowest approval rating (54%) in the United States since 2010, the first time the polling outlet asked this question. That is being driven by Democrats, whose approval has dropped below 50% for the first time, with just 42% viewing capitalism in a positive way. Meanwhile, Democratic approval of socialism is at 66%, the highest it has ever been. For comparison, independents still have a 51% approval rating of capitalism, while their approval of socialism has dropped over the years to 38%.
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