- The Washington Times - Thursday, June 27, 2019

In the grand public popularity contest, capitalism trumps socialism, despite the claims of some politicians and activists.

“Overall, a much larger share of Americans have a positive impression of capitalism (65%) than socialism (42%),” noted a Pew Research Center poll released Wednesday.

But there is also a “stark partisan divide.”

The pollster has some telling numbers: 87% of Republican men and 68% of Republican women have a positive view of capitalism, compared to 62% of Democratic men and 50% of Democratic women.

In contrast, 10% of GOP men and 20% of GOP women have a positive view of socialism. Meanwhile, 64% of Democratic men and 65% of Democratic women have a positive review of socialism.

“There are large partisan differences in views of capitalism: Nearly 8-in-10 Republicans and Republican-leaning independents (78%) express somewhat or very positive reactions to the term, while just over half of Democrats and Democratic leaners (55%) say they have a positive impression,” the Pew Research survey said.

The popularity between capitalism and socialism also played out on the Fox Business Network this week.

Bernie Marcus and Ken Langone — the two original co-founders of Home Depot — said that if Sen. Bernard Sanders of Vermont had been president back when they tried to open their business in 1978, the trend-setting, massive home-improvement retailer would never have existed.

“Home Depot is the poster child for capitalism,” Mr. Marcus told Fox Business anchor Neil Cavuto. “Bernie Sanders is the enemy of every entrepreneur that’s ever going to be born in the country — and has been born in the past.”

“If the people in America today, if they want to know what the future holds for them following Bernie Sanders, go to Cuba, Venezuela, Russia, Eastern Europe. Guess what? It doesn’t work,” Mr. Langone advised.

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