I have heard from two different sources that according to polling, 62% of those in the so-called millennial generation favor socialism over capitalism in the US. Citizens of New York City have elected a self-proclaimed Democratic Socialist for mayor, as well as a United States representative who places herself under the same banner.
Whatever we may think of socialism, one thing that we can be sure of is that it is not capitalism. In fact, these two systems are incompatible.
As for myself, I have advocated what could be called a mixed system, such as has been organized in Sweden, and also Norway. However, as events have developed, and world history has proceeded on its inexorable course, I now see a socialism analog as the most likely alternative to capitalism. By this I mean a just economy which truly serves the people. We need not label this as any kind of “ism.” We simply need to decide that we will live up to the meaning of the phrase, “a government of the people, by the people, and for the people. “This is the true American way, not this hijacking of democracy which we are suffering under now. We can have this just economy that we so desperately need. The millennials are leading the way.