Views that Australia will turn into a utopia under socialism are wildly uninformed, and John Quiggin’s already infamous Guardian piece of just a few days ago painting that rosy fantasy fails to acknowledge both the destructive aspects of socialism and — conversely — the benefits of capitalism.

Centre for Independent Studies research shows that many young Australians have either taken for granted how our society has largely benefited from capitalism, or have not paid attention in high-school economics classes.