Of course boomers love capitalism when in the 60s a factory worker could easily pay off a huge house, two brand new cars every 3 years, and support a family of 5 on a single income.
But that isn’t capitalism today. Young people are working themselves into the ground just to share a room in a house with 6 other people, barely able to put food on the table.
What do you suppose the current generation will say about capitalism when they get old?
Wealth is flowing from poor people to rich people at an ever increasing rate. It’s no wonder alternative economic systems are gaining in popularity.
Guess what, the same generation born in ussr (mostly urban and either russian or conformist enough to benefit from the system) liked the system too, while it worked. Hell, who would not like state-provided housing, public transport childcare and all the nice things, while they last, even if the system as whole isn't sustainble enough.
It seems that now, based on your comment, it’s in vogue to call it socialism.
At this rate, in a few years it’ll be called democratic socialism and not long after it’ll be called social democracy.
I guess you gotta keep that Overton window moving.
As an aside, what is often overlooked when someone brings up the point you do, is that communist nostalgia[0] is a real thing.
You can get into endless arguments about how they are No True Socialists but it just ends up being like a word game.
That's why the European parties that lean in that direction tend to cast themselves as "social democratic", a different term.
You’re just continuing on the path of self-identification. Would you call North Korea democratic just because that’s what they call themselves?
If not, then why not when you seem to have no qualms calling them socialist because on the basis that they call themselves that in their constitution?
> You can get into endless arguments about how they are No True Socialists but it just ends up being like a word game.
You paint it as some sort of semantics game, meanwhile both socialism and communism are well defined.
Notwithstanding the different flavors, they all have certain elements in common as a fundamental requirement and no amount of trying to fit the Soviet shaped peg into a round hole changes that.
> That's why the European parties that lean in that direction tend to cast themselves as "social democratic", a different term
I understand that you use the word “tend” to hedge your bets, but your comment here implies a certain amount of ubiquity and lack of parties trying to distance themselves.
The reality is that that Europe has a slew of socialist parties that aren’t hiding it either, they’re often called “Socialist Party” in their respective language. Hell there are even some communist parties.
And it’s not like they don’t occupy any seats in the respective parliaments either. Most of these parties have significant presence in parliaments and at other levels.