How the 'New' Socialism Falls Apart

There is certainly a new flavor of socialism emerging amongst the younger generation. 

Raushan Gross | June 9, 2026

There is certainly a new flavor of socialism emerging amongst the younger generation. The updated addition to the socialist dogma is tinged with what is called the Me-First perspective, the current rallying cry for a new batch of socialists attempting to upset the economic apple cart. This latest flavor is not too far from the traditional utopian idea that socialism could work somehow if all that is tweaked are price controls, the elimination of private ownership, slowing down market forces, and stifling entrepreneurial incentive and motivation. In other words, the new age socialists' prevailing cry for a socialist fix to the economy is to upset the apple cart for their own subsidization and effectively taxing everyone else. Put another way, it is about satisfying their wants using your means. Why do they use capitalist means of production to establish a socialist economy? Why doesn’t the new age socialist have a socialist means of production?

The problem with the Gen Z new age socialist frame of thought is that they have no means of production of their own. Put plainly, there are no such things as socialist means of production or economic market........

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