Kids These Days

From a survey of American high-schoolers, as reported by the Wall Street Journal:

💡
"Asked about their attitudes toward free enterprise, 82 percent said they did not believe that there was business competition in the United States; 60 percent said owners received too much profit; 76 percent believed owners got most of the gains from new machinery; 55 percent championed the postulate 'from each according to ability, to each according to needs;' 61 percent rejected the profit motive as the driving force of the economic system; and 60 percent said workers should not produce all they could."

A 1955 survey that is.

Reported by Jorg Guido Hulsmann in his Mises: The Last Knight of Liberalism (pages 989-990).

Subscribe to Mere Economics

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.
jamie@example.com
Subscribe