This Fox News opinion piece argues that the rise of socialist-leaning candidates in US politics, such as Abdul El-Sayed, Francesca Hong and Zohran Mamdani, stems not from ideology alone but from declining rates of home and stock ownership among Americans. The author contends that people without a tangible stake in the economy are more receptive to state intervention, and that the most effective counter to socialism is expanding ownership rather than simply criticising left-wing policies.

The piece cites a national homeownership rate of 65%, down from a 2004 peak of 69.2% and just 35.2% among under-35s. It also notes that only 62% of Americans own stock, falling to 28% among households earning under $50,000. The author criticises policies like Mamdani's rent freeze and Bernie Sanders' proposed government stake in AI firms as addressing symptoms rather than causes, instead calling for eased housing regulation and employer-backed savings schemes to boost ownership.