Support for socialism in Canada is strong, but no one wants to pay for it

Half of Canadians think socialism is okay
One of the 2023s most interesting polls
The preferred economic system for Canada
42% support socialism in Canada
It's the young who support it most
Studying more than just Canada
Over 4,000 people surveyed in total
How do people perceive capitalism and socialism
Gauging differences in thought
Support for economic models is age-based
Preference for capitalism rises with age
Support for socialism is strongest with the youngest
Canada had the biggest differences
Age plays the biggest role in economic preference
Support for socialism declines with age
Defining socialism
Respondents weren't communists
But who will pay for socialist programs?
No age group wanted to foot the bill
Even people who want socialism don't want to pay for it
A finding that generally holds true
Half of Canadians think socialism is okay

Canada is often thought of as a country that is steeped in socialist policies because of its free healthcare and robust social safety net, and if you ask those living in the country, nearly half would say they support socialism.

One of the 2023s most interesting polls

At least that's what one of the most interesting surveys of 2023 discovered in March according to a poll from one of the country’s leading right-leaning public policy think tanks, The Fraser Institute. 

Photo Credit: Instagram @fraser_institute

The preferred economic system for Canada

The Fraser Institute found that nearly half of the 1,006 Canadians polled by the think tank on the topic noted that they supported socialism as the preferred economic system in the country.

42% support socialism in Canada

Most Canadians were in favor of socialism in their country according to the Frasier Institute, which found that 42% of people polled preferred the economic model. 

It's the young who support it most

Support for socialist policies in Canada was higher among respondents aged 18-24 at 50% while only 38% of people polled above the age of 55 supported socialism. 

Studying more than just Canada

The study was conducted not just in Canada but also in the United States, Australia, and the United Kingdom in order to understand how the English-speaking world’s perception of capitalism and socialism has changed across regions and age groups. 

Over 4,000 people surveyed in total

A total of 4,037 participants over the age of 18 were included in the overall polling. 1,025 Americans, 1,006 Australians, and 1,000 people from the United Kingdom joined the 1,006 Canadians who were surveyed.

Photo Credit: Instagram @fraser_institute

How do people perceive capitalism and socialism

“One major objective of this study is to better understand perceptions of and support for capitalism and more importantly socialism,” wrote Jason Clemens and Steven Globerman, the authors of The Fraser Institute's study. 

Gauging differences in thought

Clemens and Globerman were hoping to gauge how "attitudes" between socialism and capitalism differed across different age groups, “particularly those of respondents under age 35 compared to older respondents."

Support for economic models is age-based

The study’s authors found that one's support for an economic model may be dependent on which age bracket that person falls into, though one’s region seems to also play a role in which economic model people preferred. 

Preference for capitalism rises with age

“Agreement that capitalism is the ideal economic system clearly increases with age across all countries except in the United Kingdom,” the authors noted, “where there [was] no discernible difference in responses across age groups.”

Support for socialism is strongest with the youngest

“Support for socialism as the ideal economic system is strongest amongst those aged 18–34 regardless of country,” Celmens and Globerman found. 

Canada had the biggest differences

Canada had the most pronounced differences of opinions based on age with only 39% of respondents aged 18-24 agreeing that capitalism was an ideal economic model compared to 60% of respondents above the age of 55. 

Age plays the biggest role in economic preference

The study's authors were able to conclude that on the whole, one’s age seemed to also dictate one's preference for socialism over capitalism, "regardless of country."

Support for socialism declines with age

“Support for socialism as the ideal economic system declines as age increases and conversely, opposition to socialism increases as age increases across all countries covered in the survey,” Clemens and Globerman added. 

Defining socialism

Respondents were also asked to define socialism based on three descriptions provided during the poll to better understand what respondents meant when they thought of socialism as an economic model. 

Respondents weren't communists

“It’s clear that respondents were defining socialism as an expanded role for the state,” the study’s authors wrote, “either in providing more services and/ or in guaranteeing a minimum level of income.”

But who will pay for socialist programs?

Clemens and Globerman also polled people on their willingness to pay higher taxes in order to enact more socialist policies and found that people were less willing to fund socialist policies in their country than they were to support them. 

No age group wanted to foot the bill

“Critically, the results suggest that no age group in any of the surveyed countries indicated a general willingness to pay for the costs associated with their favored definition(s) of socialism,” the study’s authors wrote. 

Even people who want socialism don't want to pay for it

"The clear implication is that a large proportion of supporters of socialism… want someone else to pay for the associated costs,” the authors explained. 

A finding that generally holds true

“This finding generally holds even when the group of respondents is narrowed to include only those people who identify socialism as the ideal economic system," the authors concluded.

Photo Credit: Wiki Commons By The Interior - Own work, CC BY-SA 3.0

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