Business

Voters in major US city view capitalism only slightly more favorably than socialism, Fox News poll finds

By Eric Revell

Copyright foxbusiness

Voters in major US city view capitalism only slightly more favorably than socialism, Fox News poll finds

A new poll of New York City voters finds that they have a more positive view of capitalism than socialism – though it's by a relatively close margin. A Fox News poll conducted from Sept. 18 to Sept. 22 found that 48% of New Yorkers have a positive view of capitalism, with 21% reporting a strongly favorable view and 27% a somewhat favorable view. By contrast, 40% of New Yorkers have an unfavorable view of capitalism, including 22% with a strongly unfavorable opinion of the economic system. Socialism was slightly less popular, with 41% of New Yorkers reporting a favorable view – including 15% who have a strongly positive opinion of socialism. However, more New Yorkers have an unfavorable view of socialism, with 44% reporting an unfavorable opinion of socialism, including 29% with a strongly negative perspective. TREASURY'S BESSENT WARNS NYC: NO BAILOUT UNDER MAMDANI – 'DROP DEAD' Among demographic groups, male New Yorkers had a 59% favorable view of capitalism as opposed to a 40% favorable view of socialism. Female New Yorkers' views of capitalism were 38% favorable to 45% unfavorable, while socialism was viewed favorably by 41% and negatively by 40% of respondents. New Yorkers identified as Democrats in the poll had a net negative view of capitalism – 41% favorable to 49% unfavorable. They had a net positive view of socialism with 49% favorable versus 35% unfavorable. TRUMP 'CONCERNED FOR MONTHS' AS SOCIALIST MAMDANI SURGES, PUTTING NYC MAYOR'S RACE IN UPHEAVAL Independent New Yorkers favored capitalism by a fairly wide margin – just 27% viewed socialism as favorable with 52% holding an unfavorable opinion, while 45% held a positive view of capitalism as opposed to a 28% unfavorable rating. Despite giving capitalism a modest edge over socialism overall, New Yorkers expressed a preference for socialist-leaning politicians in the poll. New York Assemblyman Zohran Mamdani – the Democratic nominee in the New York City mayoral race who is a member of Democratic Socialists of America – was viewed favorably by 50% of New Yorkers who were polled, with a 38% unfavorable rating. HOW NYC DEM SOCIALIST MAYORAL CANDIDATE'S $30 MINIMUM WAGE PLAN COULD LEAD TO JOB LOSSES Among respondents who expressed a favorable view of Mamdani, 20% said they like his policies and ideas, while another 16% said that he cares about people and New York City while looking out for working people. Additionally, 16% said Mamdani represents change and new ideas, while 11% said they like his policies that address affordability. On the other hand, 28% of New Yorkers who have an unfavorable view of Mamdani said that his communist or socialist views were the reason they dislike the mayoral candidate. A further 11% said they don't like his positions on Israel and Gaza, or think that he's antisemitic, while another 11% said they don't like his policies or ideas. GET FOX BUSINESS ON THE GO BY CLICKING HERE Another democratic socialist, Sen. Bernie Sanders, I-Vt., was viewed favorably by 61% of respondents compared with a 31% unfavorable rating among New Yorkers.