Economic mobility

Gen Z prefers "socialism" to "capitalism"

61% of Americans aged between 18 and 24 have a positive reaction to the word "socialism" — beating out "capitalism" at 58%. Overall, 39% of Americans are well-disposed toward socialism, but the gulf remains wide for men and those aged over 55.

Data: SurveyMonkey online poll of of 2,777 U.S. adults with a margin of error of ±3.5; Chart: Harry Stevens/Axios

Go deeper: The coming reckoning for capitalism

The economy is booming, but Americans still aren't moving

Data: U.S. Census Bureau; Chart: Harry Stevens/Axios

The U.S. mobility rate dropped again to a new low in 2017, with just 10.1% of Americans moving homes, according to new data from the Census Bureau.

Why it matters: Economic opportunity isn't enough to get people moving anymore. And less mobility could mean the wealthy areas of the U.S. continue to accumulate wealth, while the poorer areas will remain poor because people are less likely to move for better jobs and companies are less likely to move for cheaper labor.

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