Socialism in the U.S.: Misconceptions and Global Perspectives

This chapter examines the evolving perceptions of socialism among millennials in the U.S., contrasting it with capitalism and dissecting political discourse surrounding these ideologies. It provides insights into global examples of socialism, particularly focusing on Nordic countries and the challenges faced by Venezuela, to underscore the complexities of economic systems. The discussion advocates for a nuanced understanding of socialism, emphasizing the balance between government and market roles in addressing societal needs.