How long will it take for Mamdani to send the rich running?

Zohran Mamdani, a self-described democratic socialist, won New York City’s mayoral race Tuesday night, becoming the city’s first Muslim mayor and signaling a sharp left turn for the Democratic Party.

Mamdani is a Marxist in the truest sense of the word. He campaigned on rent freezes, expanded public housing, higher taxes on the wealthy, as well as “free” busing and “free” childcare. Whether Mamdani will be able to deliver any of these things is an open question. What’s clear is that he believes he has a political mandate to do so and sees the government as a vehicle to turn around a city in decline.