Morning Brew Daily Support for Capitalism Hits New Low & Howard Stern Stays with SiriusXM
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Sep 9, 2025 Support for capitalism hits an all-time low in the U.S., with a surprising shift towards the acceptance of socialism among younger generations. The podcast delves into the challenges of short-term rental regulations in New York and the changing perceptions of small businesses versus big corporations. Howard Stern's decision to stay with SiriusXM raises questions about subscriber loyalty. Plus, a fascinating look at how rising temperatures are linked to increased sugary drink consumption sheds light on health implications amidst climate change.
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Capitalism’s Popularity Gap
- Gallup finds US favorability toward capitalism fell to 54% in August, driven by Democrats and independents.
- Support for specific components like small business (95%) and free enterprise (81%) remains high, showing a branding gap.
Big Business Loses Public Trust
- Public trust in big business has collapsed since 2010, with only 37% viewing corporations positively today.
- The drop is sharply partisan: just 17% of Democrats but 60% of Republicans hold favorable views.
Younger Cohorts Rethink Socialism
- Younger generations lack the Cold War-era reflexive hostility to socialism, shifting political attitudes.
- This generational change tempers automatic rejection of socialist ideas among younger Republicans and independents.