Support for socialism in the U.S. dropped nearly10 percentage points in two years, according to a new poll from the Cultural Research Center at Arizona Christian University.
The poll, conducted November 4 through the 16 and released last week, shows that support for socialism over capitalism dropped from a peak of 41% in 2018 to 32% in 2020. The drop of 9 percentage points represents more than 20 million individuals.
Sixty-eight percent of those surveyed said that they prefer capitalism to socialism.
Support for socialism among those who identify as Christians dropped 9 percentage points to 30%. Those who have a biblical worldview were the least likely to support socialism over capitalism, at just 12%.
Those ages 30 to 49 saw the steepest change, dropping 15 percentage points from 49% to 34%. Americans 50 and older saw an 7 percentage point drop from 30% to 23%. Americans under 30 continue to show the highest support for socialism, despite seeing a drop from 48% to 43%.
The results were also split among political divides, with just 21% of conservatives supporting socialism over capitalism, compared to 54% of political liberals.