Polling indicates that both Republicans and Democrats hold positive views of competitive capitalism; 78% of Republicans viewed capitalism positively, as did 55% of Democrats. However, it can also be noted that Democrats expressed similar support for elements of socialism, with 65% viewing it positively. However, since 2020 the Democratic party platform has supported socialistic policies that diminish competitive capitalism such as polices mentioned in their Ending Poverty, Raising Wages and Promoting Workers’ Rights, Universal Healthcare, and Free-College Education sections.
Competitive capitalism refers to having a political and economic system in which businesses are free of public interference.
