Just 53 Percent Say Capitalism Is Preferable To Socialism

(AP Photo/Kiichiro Sato)

Here's a new Rasmussen Reports poll that could mean nightmares for Joe The Plumber: According to Rasmussen, just 53 percent of those asked say capitalism is a better system than socialism.

Twenty percent, meanwhile, said socialism is better. The remaining 27 percent weren't sure.

Among those under 30, the support for capitalism is even weaker. Thirty-seven percent prefer capitalism, 33 percent favor socialism, and 30 percent are undecided.

"Republicans - by an 11-to-1 margin - favor capitalism," note the pollsters. "Democrats are much more closely divided: Just 39% say capitalism is better while 30% prefer socialism. As for those not affiliated with either major political party, 48% say capitalism is best, and 21% opt for socialism."

Brian Montopoli

Brian Montopoli is the national reporter and political analyst for CBSNews.com.

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