Socialism: A History of Failure and Disappointment


An April 2009 Rasmussen Reports poll, conducted during the Financial crisis of 2007–2010 (which many believe resulted due to lack of regulation in the financial markets) suggested that there had been a growth of support for socialism in the United States. The poll results stated that 53% of American adults thought capitalism was better than socialism, and that “Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided”.Bernie Sanders, current U.S. Senator from Vermont, has described himself as a democratic socialist. Sanders served as the at-large representative for the state of Vermont before being elected to the senate in 2006.

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