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U.S. Capitalism Approval Plummets Below 50% Amid Socialism Rise

11/3/2025

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Story summary
  • A NBC News poll finds U.S. voter approval for capitalism below 50% for the first time in seven years, with 44% positive and 28% negative.
  • The decline coincides with rising Democratic support for socialism, with positive views increasing from 34% to 35% over the past year.
  • Younger and Hispanic voters are shifting away from capitalism.
  • Zohran Mamdani, a New York mayoral candidate who identifies as a democratic socialist, has 22% favorable.