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Young People in the US Disappointed with the Economy and Starting to Support Socialism

News | 2026/08/13 18:20

Young People in the US Disappointed with the Economy and Starting to Support Socialism

New Research Shows Rise in Socialist Views Among Young People

In the US, nearly half of residents aged 18-34 have a positive view of democratic socialism against the backdrop of dissatisfaction with the current financial situation. This is reported by CNBC, citing a joint study with Generation Lab.

According to the survey, 46% of respondents expressed sympathy for socialist views, which is directly related to the assessment of the US economy. 45% of participants rated the economic situation as 'bad', while 27% rated it as 'very bad'. Young people consider high housing costs (45%) and difficulties in finding stable employment (39%) as the main financial issues.

Due to a lack of financial resources, 47% of respondents have postponed vacations, 32% have given up on buying a car, and 30% have delayed plans to purchase real estate.

The study also revealed young people's concerns about the development of artificial intelligence: 45% expect AI to negatively impact their careers, and the majority do not trust the leaders of major tech corporations.

At the same time, a new trend is emerging in the financial sector: one-third of respondents have used prediction market platforms like Kalshi or Polymarket at least once in the past month.

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