A recent Reason-Rupe survey found that a majority of Americans under 30 have a more favorable view of socialism than of capitalism. Gallup finds that almost 70 percent of young Americans are ready to vote for a “socialist” president. So it has come as no surprise that 70 to 80 percent of young Americans have been voting for Bernie Sanders, the self-declared democratic socialist. Some pundits have been eager to denounce such surveys as momentary aberrations, stemming from the economic crash, or due to lack of knowledge on the part of millennials about the authoritarianism they say is the inevitable result of socialism. They were too young to have been around for Stalin and Mao, they didn’t experience the Cold War, they don’t know to be grateful to capitalism for saving them from global tyranny. The critics dismiss the millennials’ political leanings by repeating Margaret Thatcher and Ronald Reagan’s mantra, “There is no alternative” (TINA), which prompted the extreme form of capitalism we now know as neoliberalism. [...]
Indeed, the criticism most heard against the millennial generation’s evolving attachment to socialism is that they don’t understand what the term really means, indulging instead in warm fuzzy talk about cooperation and happiness. But this is precisely the larger meaning of socialism, which the millennial generation—as evidenced in the Occupy and Black Lives Matter movements—totally comprehends. Capitalism has only itself to blame, forcing millennials to look for an alternative.
But millennials are done with blind faith in the market as the solution to all human problems. They question whether “economic growth” should even be the ultimate pursuit. Ironically, again, it is the extreme form capitalism has taken under neoliberalism that has put millennials under such pressure that they have started asking these questions seriously: Why not work fewer hours? Why not disengage from consumer capitalism? Why trust in capitalist goods to buy happiness? Why not discover the virtues of community, solidarity, and togetherness? It is inchoate still, but this sea change in the way a whole generation defines happiness is what is going to determine the future of American politics.
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