After New York City’s race for mayor catapulted Zohran Mamdani from state assembly member into one of the world’s most prominent progressive voices, intense debate swirled over the ideas at the heart of his campaign.
His critics and opponents painted pledges such as free bus service, universal child care and rent freezes as unworkable, unrealistic and exorbitantly expensive.
But some have hit back, highlighting the quirk of geography that underpins some of this view. “He promised things that Europeans take for granted, but Americans are told are impossible,” said Dutch environmentalist and former government advisor Alexander Verbeek in the wake of Tuesday’s election.
Verbeek backed this with a comment he had overheard in an Oslo café, in which Mamdani was described as an American politician who “finally” sounded normal.
Yeah, taxing the rich is basically the only way to make a society work at all. Nothing else works.
You can try to just print money to pay for social programs (in other words, what the state/government is doing when it goes into debt), but that’s only a patchwork solution and not a long-term solution, because eventually if you print too much money you cause hyperinflation. So, taxing the rich is the only meaningful way to run a society long-term.