Free enterprise was touted as 'an old-fashioned verity' at odds with the New Deal’s vogue for public-sector programs
Bernie Sanders’s jeremiads against big business and the wealthy have helped popularize an economic philosophy that, in America, has rarely had much appeal: socialism.
Among Democrats, it is now viewed more favorably than capitalism, according to a Gallup poll published last year. But the poll also showed that, among voters of all stripes, capitalism still has a 56% approval rating. And Mr. Sanders’s backers surely winced at the decidedly non-socialist phrase that was viewed favorably by nearly 8 in 10 people: “free enterprise.”
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