92% Of Americans Are Socialists They Just Don’t Know It

[DearAbby]

Wealth inequality is as extreme today as it was during the Great Depression years. In real terms, the wealthy hold the majority of this nation’s wealth and income. The problem in this country is mass disillusionment. In a recent study by Duke and Harvard University they found many Americans believe that the top 20% of our nation’s wealthiest own 60% of the wealth. The real figure is the top 20% own 84% of our nation’s wealth and it is increasing every year.

When the respondents were asked to pick an unlabeled pie chart “How much should the top 20% own?” 92% of them preferred the Swedish model of income distribution over the current American economic model. The Swedish economic model, which is the top 20% own 36% of the nation’s wealth.

The Actual Study Here:http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf

Article here ~~> http://www.politicususa.com/en/american-socialists

[Scuba]

1. Good stuff. Thanks for posting. n/t

[MannyGoldstein]

2. That's a fantastic paper, thanks

Overwhelmingly, Americans are in favor of specific "socialist" programs: Social Security, medicare, etc. They just hat the words "liberal" and "socialist", thanks to bipartisan propaganda.

[socialist_n_TN]

6. Yeah Manny and it isn't a NEW phenomenon...........

Even back during the Reagan years, people LOVED Reagan, but every poll that was out for his whole regime showed that they disagreed with his POLICIES. But as you say, they HATED being called liberal and socialist was like calling somebody a pedophile.

[Ghost Dog]

7. I suggest adopting a new term for democratic socialist policy. What about "Libertarian",

yes, usurping the term, because sensible social policies liberate people.

[socialist_n_TN]

8. Might as well not change now. Socialism (the word)

is losing it's stigma with every capitalist overreach. More and more poeple, especially younger people, have no problem with the word.

[DearAbby]

3. Kick

[RainDog]

4. k/r n/t

[tekisui]

5. knr