😎 Good Sunday morning from Miami Beach. It's New Year's Eve eve.
🏈 The University of Alabama Crimson Tide will meet the Clemson Tigers of South Carolina in the college football championship Jan. 7 at Levi's Stadium in Santa Clara, in Silicon Valley.
Illustration: Rebecca Zisser/Axios
One of the most important trends likely to drive the 2020 presidential race: A growing disillusion with capitalism as practiced, and a coming struggle over how to recast this pillar of the Western order, Axios future editor Steve LeVine writes.
Polling shows a rising number of young Americans prefer socialism to capitalism.
Why it matters: The main messengers of this coming steamroller are nowhere near the fringe. They're mainstream thinkers with ideas like, "We must rethink the purpose of the corporation" and "The crisis of democratic capitalism" (both from Financial Times columnist Martin Wolf).
The evidence of something profoundly amiss is visible in:
If you remember one thing: All that bigness that you see around you — outsized cities, companies and individuals gobbling up most of the economic pie — is not normal.
Axios' Felix Salmon notes: The past four decades have seen massive global increases in wealth and income and productivity, thanks almost entirely to capitalism. (Look where South Korea was 40 years ago!)
What's next: In the U.S., look for this trend to be a primary battleground among Democratic presidential candidates in 2020. Each of the political parties is likely to promise that it can best reformulate the system to deliver for the vast number of Americans.
Be smart: Innovative Republican candidates will also reach for many of the same issues and solutions, rather than the GOP orthodoxy of old.
In an exit interview with the L.A. Times, White House chief of staff John Kelly argued that his tenure is "best measured by what the president did not do when Kelly was at his side," including a hasty withdrawal from Afghanistan, immigration and security reporter Molly O'Toole writes.
And about that wall? "To be honest, it’s not a wall," Kelly said.
"Asked if there is a security crisis at the Southern border, or whether Trump has drummed up fears of a migrant 'invasion' for political reasons, Kelly did not answer directly, but said, 'We do have an immigration problem.'"
A "growing number of consumers ... are turning to over-the-air digital antennas — a one-time investment of as little as $20 — as a way to slash their monthly video subscription costs," the L.A. Times' Steve Battaglio writes:
"This year, 8.1 million over-the-air TV antennas will be delivered to retailers in the U.S., up 2% from last year and 8% over 2016."
What a country ... Seagulls fly around the Statue of Liberty at sunrise yesterday, as seen from Liberty State Park in Jersey City, N.J.
Below, the sun sets on the skyline of lower Manhattan and One World Trade Center yesterday, as seen from Hoboken, N.J.
NBC devoted the full hour "Meet the Press" to climate change.
Moderator Chuck Todd said in his opening:
"We're not going to debate climate change, the existence of it. The Earth is getting hotter. And human activity is a major cause, period. We're not going to give time to climate deniers. The science is settled, even if political opinion is not."
Disclosure: NBC is an investor in Axios.
⚡Breaking, from Amy Harder: "TerraPower, a nuclear-energy company founded by Bill Gates, is unlikely to follow through on building a demonstration reactor in China, due largely to the Trump administration’s crackdown on the country.
A Wall Street Journal editorial: "[O]ur choice for the most amusing  headline so far comes from our friends at CNBC: ... 'Mike Bloomberg prepared to spend at least $100 million on a 2020 campaign for president if he decides to run.'"
The body of the CNBC post said "well over" $100 million.
Crowd-size experts scoff at the mammoth estimates — 1 million or 2 million — for the number of people in Times Square on New Year's Eve that are floated annually by city officials and event organizers, AP's Mike Sisak reports:
"The real Times Square ball drop crowd likely has fewer than 100,000 people, crowd science professor G. Keith Still said.
In recent years, the NYPD estimated that 2 million people had packed into Times Square.
"To actually fit 1 million revelers, the city would have to jam more than the equivalent of a sold-out Yankee Stadium on every block of 7th Avenue between Times Square and Central Park — which starts about 15 blocks to the north."
New York manages the throngs well, funneling revelers into 65 penned off areas, so there's no opportunity for overcrowding.
P.S. Organizers of Times Square New Year’s Eve announced that journalists representing the Committee to Protect Journalists will appear onstage to push the crystal button that signals the lowering of the Waterford crystal ball.