Last week, New York City elected Zohran Mamdani to be its next mayor. And while he claims to be a democratic socialist, the dangerous ideas he champions make him out to be more of a communist than anything.
How will this fare for New York City—the financial capital of the world? And what exactly is it about socialism that doesn’t work, as history has taught us time and time again? Victor Davis Hanson breaks it all down on today’s episode of “Victor Davis Hanson: In A Few Words.”
“ Socialism destroys private initiative. If you think the harder you work, the better ideas you have, the more efficiency you can create in your business or in your own life but you're not going to be compensated more than someone who does not either show those traits or doesn't want to show those traits or just simply says, ‘Live and let live. I just wanna stay in my house, watch TV, and get pizza,’ and he will get the same amount as you do, in terms of cars or housing or federal supplements—it doesn't work.”
(0:00) Introduction
(1:20) Mamdani's Controversial Views
(4:07) The Inherent Flaws of Socialism
(8:53) European Socialism and Its Consequences
(10:29) Final Thoughts
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