Alarming news?

Reportedly, it was the millennials who put "Democratic" Socialist Bernie Sanders to a near dead-heat tie for first in Iowa. (I use scare quotes around "Democratic" because as legendary campaign manager James Carville helpfully pointed out to Sean Illing, writing at Vox recently, "Look, Bernie Sanders isn’t a Democrat. He’s never been a Democrat. He’s an ideologue.")

Per John McCormack at National Review, "In Iowa, Bernie’s Youth Movement Showed Up While Generation X Flaked Out":

"According to Iowa entrance polls, voters under 30 comprised 24 percent of the caucus-going electorate — up six points from 2016 and one point better than 2008, when young voters carried Barack Obama to victory. Those voters preferred Sanders to Buttigieg by nearly 30 points, 48 percent to 19 percent, as did voters age 30-44 by ten points, 33 percent to 23 percent."

Yikes! Are our kids turning into a pink tide? Or is their newfound infatuation with socialism just an overblown "red scare?"

OK, boomers, capitalism has been defamed by its enemies, both "foreign" (socialism) and "domestic" (cronyism).

As for the latter capitalism has been somewhat traduced and subverted by rich people who game the system that made them rich into making them absurdly richer.