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Majority of Democratic voters now prefer socialism to capitalism, poll finds — Ron Blitzer

Summary:
Most mean social democracy (rather than democratic socialism) in place of neoliberalism?A new Fox News poll showed that more Democrats favor socialism over capitalism, in a sharp reversal from just a year and a half ago.The poll, taken between Aug. 7-10, showed that 59% of registered Democratic voters who participated had a positive view of socialism, compared to just 49% who felt that way about capitalism.In February 2020, when the question was last asked, 50% of Democrats who participated said they had a favorable view of capitalism, with just 40% saying the same about socialism.…That is quite a reversal.Reportedly, the latest ploy of the Democratic Establishment to hold onto power is through redistricting to eliminate progressives.Defend DemocracyMajority of Democratic voters now

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Most mean social democracy (rather than democratic socialism) in place of neoliberalism?
A new Fox News poll showed that more Democrats favor socialism over capitalism, in a sharp reversal from just a year and a half ago.

The poll, taken between Aug. 7-10, showed that 59% of registered Democratic voters who participated had a positive view of socialism, compared to just 49% who felt that way about capitalism.

In February 2020, when the question was last asked, 50% of Democrats who participated said they had a favorable view of capitalism, with just 40% saying the same about socialism.…

That is quite a reversal.

Reportedly, the latest ploy of the Democratic Establishment to hold onto power is through redistricting to eliminate progressives.

Defend Democracy
Majority of Democratic voters now prefer socialism to capitalism, poll finds
Ron Blitzer

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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