Source: Foundation for Economic Education
by Connor Vasile
“Zohran Mamdani is now New York City’s first Democratic Socialist Mayor-elect, and with him comes a slew of initiatives marketed as making the Big Apple more affordable, safer, and more equitable. While this sounds good in theory (as political promises often do), Mamdani’s champagne socialism will only push rich New Yorkers away from the city, and leave the middle and working classes to foot the bill.” (11/06/25)
https://fee.org/articles/new-yorks-new-leadership-offers-champagne-socialism/