Noah Smith, Columnist

If You Love Capitalism, Worry About Small Business

Giant companies are killing entrepreneurialism, souring the young on free markets.

July 12, 2018 at 2:00 PM UTC

Noah Smith is a former Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.

Unplanned obsolescence.
Photographer: James L. Amos/Corbis Historical/Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Capitalism has lost some of its luster in the U.S. The percent of Americans aged 18 to 29 who say they support capitalism checks in at only 39 percent:

Other polls find similar results, and anecdotes seem to support the story. Meanwhile, openly socialist candidates are winning primary elections in the Democratic Party.