Capitalism and socialism offer two different economic models, each with their own unique pros and cons. And while it is rare to find any modern economy that is either entirely capitalist or entirely socialist, citizens frequently use these terms to represent the general direction in which they believe the economy and society should progress. Similarly, while it is rare to find any example of a purely meritocratic or a purely equal society, the public debate on meritocracy versus equality helps us clarify which laws or policies should be pursued in the years ahead.

In this 34-minute episode of America Speaks, Dr. Frank Luntz asks a panel of Gen Z Americans, ages 18-24, whether they prefer more socialism or more capitalism, and presses them to defend their answer against those who gave the opposite response. Following that conversation, Dr. Luntz asks them to choose between meritocracy or equality, and to defend their positions on that answer as well.