In his profile of Elizabeth Warren, Noam Scheiber, senior editor at The New Republic, argues that there are big changes taking place within the Democratic party, particularly an emerging anti-corporate strain. But is it really on the verge of a split?
Stat Time: Anti-Corporate Sentiment in the Democratic Party
- A pew survey shows that 92% of Democrats agree with the statement “it’s really true that the rich get richer while the poor get poorer.” That’s up almost 10% since 2009.
- In 2007, even a majority of Democrats said that “government regulation of business does more harm than good” – that’s now down to 41%. (Worth noting: Republicans have shot the same amount in the opposite direction, so there’s now a big divide.)
- On the statement “corporations generally strike a fair balance between making profits and serving the public interest” – in 1997 43% of democrats agreed with that statement. Today it’s 29%.
- The number of people who say they are “very satisfied” with Medicare and Social Security systems is the highest it’s been since 2001.
- A recent Pew poll showed that voters under 30—who skew overwhelmingly Democratic—view socialism more favorably than capitalism.