The Spectre of Gen Z Socialism Is Haunting the World…According to The Economist Published June 11, 2026 The magazine is calling for heightened vigilance from defenders of private enterprise. “Gen-Z socialism is a me-first doctrine,” says the editorial, unlike the selfless doctrine of capitalism. The young socialists have succumbed to “a zero-sum mindset, where a better outcome comes not from creating but from taking”. Taking, we are to understand, is frowned upon in the capitalist system.