The Cato 2019 Welfare, Work, and Wealth Nationwide Survey finds that Individuals underneath 30 stand out from their dad and mom and grandparents’ of their attitudes towards socialism, capitalism, and resentment towards the wealthy. These outcomes might assist clarify the putting success of self-described democratic socialist Bernie Sanders in capturing the help of the younger. Younger Individuals really feel extra resentment towards the wealthy. Emily Ekins writes on Cato Institute:
Younger Individuals are the one cohort wherein a majority consider the rich didn’t earn their wealth. A slim majority (52%) of Individuals underneath 30 say that “most” wealthy individuals in the USA obtained wealthy “by benefiting from different individuals.” In distinction, a powerful majority (72%) of seniors (65+) say that almost all rich individuals in America “earned their wealth” with out exploiting individuals.
Throughout the board, youthful persons are extra possible than older individuals to carry destructive attitudes towards the wealthy. Individuals underneath 30 are about 20–35 factors extra possible than Individuals age 65 and older to really feel “offended” once they learn or hear about wealthy individuals (44% vs. 11%), to really feel extra “resentment” than “admiration” of wealthy individuals (39% vs. 16%), to consider it’s “immoral” for society to permit individuals to turn into billionaires (39% vs. 13%), and to consider that residents taking violent motion towards the wealthy is typically justified (35% vs. 10%). Younger persons are additionally about 10–25 factors extra possible than older individuals to consider billionaires are a menace to democracy (51% vs. 26%), to disagree that billionaires earned their wealth by creating worth for others (39% vs. 26%), and to disagree that wealthy individuals make society higher off by investing in new companies that create jobs and invent expertise (38% vs. 21%).