New York is Becoming the Next London, Home Only to Immigrants and the Super-rich
The election of Zohran Mamdani as mayor of New York – alongside the victory of similarly hard-Left candidates in other mayoral races – has left some predicting that urban America will inevitably fall into a “doom loop” of decline, with an exodus of the super-rich leaving cities in the control of a resentful lower class. Yet in reality, the socialist takeover will prove no great win for the working class. If anything, it leaves the haute bourgeoisie even more the masters of places like Gotham than before.
