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Zohran Mamdani's socialist agenda could actually spur faster growth in NYC

Mr Mamdani's campaign focussed on making NYC an affordable place to live

New York, boss, leader
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Mr Mamdani hopes to ease the pressure on the average New Yorker’s pocket by taxing the rich to generate revenues | Illustration: Binay Sinha

Devangshu Datta Mumbai

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The results of the Democratic Party primary for New York City’s (NYC’s) mayoral elections have thrown up a surprise winner: Zohran Mamdani, a 33-year-old of mixed ethnicity, a Shia Muslim and a Democratic Socialist. 
Ranked choice voting means the result will not be confirmed until July 1, but Mr Mamdani’s lead makes his victory almost mathematically certain. NYC is a deep-blue city, with over 3.3 million registered Democratic voters compared to 558,000 Republicans. Winning the Primary, therefore, makes Mr Mamdani a shoo-in for mayor of America’s largest city. 
This has caused many shockwaves. Mr Mamdani’s own party is worried. His
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