22% Favor Government Ownership of Largest Companies

Twenty-two percent (22%) of voters believe that it would be better for America to have the federal government owned most or all of the nation’s largest companies. That total includes 8% who believe it would be much better.

However, a ScottRasmussen.com survey found that 78% believe such government ownership would be worse for the nation. That includes 51% who believe it would be much worse.

There is somewhat more support for government ownership among younger voters. Thirty-three percent (33%) of Millenials think it would be good for the country. Just 9% of senior citizens agree  (see question wording and crosstab results).

The national survey of 1,000 Registered Voters was conducted October 25-26, 2018 by ScottRasmussen.com and HarrisX, a polling company specializing in online surveys (see Methodology). It has a 3.1 percentage point Margin of Error with a 95% level of confidence.

One of the more interesting political questions of our time is the shifting definition of Socialism. Forty percent (40%) of voters nationwide have a favorable opinion of that ideology, but what they support is far different from the historical definition of it. Among those with a positive view of Socialism in America today, just 35% favor government ownership of large companies.

The differing understanding of Socialism was also highlighted in data showing that 70% of voters nationwide believe that it would be better for our nation to have less government control of the economy. Among those with a favorable opinion of socialism, 54% want less government involvement in the economy.

These results are consistent with earlier data showing that most of those with a favorable attitude towards Socialism do not view the ideology as it has been understood historically. Related data shows that 65% believe just about all positive change in America begins outside of the political system.

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Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

Posted in Poll Results

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