The article discusses the troubling trend of increasing support for socialism among young people, largely fueled by influencers on social media who promote distorted economic views. Citing examples like TikTok star Madeline Pendleton, the narrative underscores that her claims about socialism's effectiveness are founded on questionable data from biased sources. The article further highlights common fallacies regarding life expectancy and home ownership under socialism versus capitalism, emphasizing that many young supporters may lack a comprehensive understanding of historical and economic realities.
One reason young people support socialism is because their social media feeds show videos made by popular but economically illiterate people.
Pendleton tells her followers, 'We have all the data showing that socialism does work.' However, she bases this on flawed comparisons.
Celebrating communism for its 'increased life expectancy' is misleading; life expectancy is actually higher in capitalist countries.
China's 90% homeownership rates are a result of privatization, not socialism, demonstrating fundamental misconceptions espoused by advocates.
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