About 7 in 10 American voters (69 percent) think that a transition from capitalism to socialism in United States would be a bad thing, according to a Fox News/ Opinion Dynamics Corporation poll.

Eighty-eight percent Republicans with household incomes of 100,000 dollars or more and 70 percent of those aged 55 and over are among those most likely to think it would be a bad move.

Smaller majorities of those living in lower-income households (59 percent), young people (57 percent), as well as just under half of Democrats (49 percent) agree.

34-56 percent voters think that the country is currently moving away from capitalism to socialism. Far fewer voters, however, approve.

Less than one in five voters (18 percent) think that it would be a good thing for the country to move away from capitalism and toward socialism.

Twenty eight percent of voters whose household incomes are under 30,000 dollars favour this option. Thirty one percent of them who are under thirty years and 32 percent Democrats approve this change. (ANI)