As of 2025, only 54% of U.S. adults hold a positive view of capitalism, marking a decline from 61% in 2010, with Democrats' support dropping to just 42% compared to 66% who favor socialism.

This long-term trend was captured in a survey conducted from August 1-20, 2025, which is the seventh cycle since 2010, highlighting a steady shift in public opinion over the years.

The decline in support for capitalism correlates with economic concerns such as a tight job market, declining consumer sentiment, and growing skepticism about the idea that hard work guarantees success.

The shift reflects increasing worries about economic fairness and the perceived unfairness of big business and capitalism, especially among Democrats and independents.

This ideological divide is evident, with Republicans consistently favoring capitalism, while Democrats and younger, more progressive voters show declining support.

The changing attitudes are fueling the electoral success of socialist-leaning politicians like Bernie Sanders, Alexandria Ocasio-Cortez, and Zohran Mamdani, who is running as an independent after a primary victory without Democratic backing.

A survey of 1,094 adults conducted via telephone reveals the support for capitalism has fluctuated over the years, with a notable drop among Democrats to 42% in 2025.

Fundamentally, capitalism involves profit-driven private ownership, while socialism emphasizes collective ownership to reduce inequality, with figures like Sanders and Ocasio-Cortez associated with democratic socialism.

Support for big business has declined notably among Democrats and independents since 2019, whereas Republicans have maintained relatively high levels of support.