Zohran Mamdani speaking after his victory in the 2025 New York City Mayoral election. Source: Rosa-Luxemburg-Stiftung In the words of Eugene V. Debs, quoted by Mamdani in his victory speech : " I can see the dawn of a better day for humanity.” Zohran Mamdani is now the New York City Mayor-Elect. On New Year’s Day in 2026, he will be sworn in as the 111 th Mayor of New York City. Zohran will be many things. In New York he will be the first Indian-American mayor, the first Ugandan-American mayor, the first Millennial mayor, the first Muslim mayor, the youngest mayor in New York City since 1892, but most importantly, he is a Democratic Socialist. This highlights an important aspect of electoral politics. It’s typical for Socialists to be cynical of electoralism and for good reasons. Democracy in a Liberal framework is often performed in the ...
Adam Smith believed that Capitalism would be the economic model that would ultimately benefit humanity and that it would utilize self-interest and competition to our benefit as a society, guided by an invisible hand of market forces, and the existence of a limited government designed simply to protect property rights and enforce contracts. Here we are now, in the Year of Our Lord 2025. Capitalism is the economic and political norm, and has been since the Industrial Revolution. It has existed in many forms, from the Classical Liberalism of the Enlightenment and the supply-side model known as Reaganomics (referred to as Trickle-Down economics by detractors), to the Social market economy of many countries in the European Union and the Social Liberalism of Canada. Even societies that positioned themselves as Socialist were State Capitalist models such as the Soviet Union and the People...