Perspectives on Capitalism and Socialism: Polling Results from Canada, the United States, Australia, and the United Kingdom is a new study that finds more than 4-in-10 Canadians—and 50% of younger Canadians aged 18-24—support socialism as their preferred economic system, but an overwhelming majority define socialism as more government spending and programs, and Canadians generally don’t want to pay the higher taxes required to finance it. The study is part of the Institute’s new multimedia project—Realities of Socialism—that is being produced in conjunction with think tanks in the U.S., Australia and the U.K.