Protestors demonstrate against corrupt banking practices in Brussels, Belgium

Millennials and democratic socialism

  • Throughout the West, youth increasingly support “democratic socialism”
  • Cultural and economic shifts are fueling this sentiment
  • Whenever socialism gains popularity, the trend follows a certain pattern
  • Socialism has always ended in failure; some think it might be different this time

Poll after poll shows socialist ideas are gaining ground among millennials – the generation of people born roughly between the early 1980s and early 2000s. In the United States, membership of the Democratic Socialists of America party is increasing, while self-proclaimed democratic socialist Congresswoman Alexandria Ocasio-Cortez has become something of a rock star. In France’s 2017 presidential election, half of young people voted for candidates from the two quasi-socialist parties: Marine Le Pen’s National Rally and Jean-Luc Melenchon’s France Insoumise. Thirty years after the fall of the Berlin Wall, it is clear that socialism is enjoying a comeback among the youth. Why?

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Dr. Emmanuel Martin
Sluggish economic growth and high youth unemployment explain millennials’ frustration with market economics
read more about it in the report
What's inside
  • Throughout the West, youth increasingly support “democratic socialism”
  • Cultural and economic shifts are fueling this sentiment
  • Whenever socialism gains popularity, the trend follows a certain pattern
  • Socialism has always ended in failure; some think it might be different this time
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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