New York City mayoral hopeful Zohran Mamdani, the left-wing radical who is poised to become the leader of the nation’s financial capital, is no fan of capitalism, which he believes unfairly distributes wealth.
After his shocking win in Tuesday’s Democrat mayoral primary in which he thumped disgraced former New York Governor Andrew Cuomo, the Ugandan-born democrat socialist sat down with CNN’s Erin Burnett for the upstart candidate’s national coming out party, and during the wide-ranging discussion, he was asked about the system that has made America into an economic powerhouse.
“I have many critiques of capitalism, and I think ultimately the definition for me of why I call myself a democratic socialist is the words of Doctor King decades ago.”#NYC Mayoral Candidate Zohran Mamdani on whether he likes capitalism in his interview with @ErinBurnett. pic.twitter.com/AbUDTUqBlz
— Erin Burnett OutFront (@OutFrontCNN) June 27, 2025
“Do you like capitalism?” Burnett flatly asked the man who is being touted as the new face of the Democratic Party.
“No, I have many critiques of capitalism,” the brash 33-year-old replied, as he quoted iconic civil rights leader Dr. Martin Luther King Jr.
“And I think ultimately the definition for me of why I call myself a democratic socialist is the words of Dr. King decades ago. He said, ‘Call it democracy or call it democratic socialism,” he said. “There must be a better distribution of wealth for all of God’s children in this country.’”
The Ugandan-born child of wealthy parents ran on a platform that many have described as communistic, promising such things as government-run grocery stores, free rent and child care, 200,000 new units of affordable housing, and taxing productive white people to pay for it all by shifting “the tax burden from overtaxed homeowners in the outer boroughs to more expensive homes in richer and whiter neighborhoods.”
Fox Business anchor Elizabeth MacDonald pointed out that Gotham’s likely next mayor is a colossal hypocrite.
Socialist Zohran Mamdani and his parents are in the affluent 1% w a net worth estimated at least $5M, they got wealthy off of capitalism while his academic father, Mahmood Mamdani, got rich pushing Marxist communism, and Mamdani campaigns in working class identities. The father… pic.twitter.com/KEAWsLwPHI
— Elizabeth MacDonald (@LizMacDonaldFOX) June 26, 2025
Mamdani’s rejection of capitalism was also ridiculed by X users.
“I hate capitalism”
*runs for mayor of the finance capital of the world*— Chokic (@nugtransmitter) June 27, 2025
He’s a product of capitalism from head to toe.
— Kartikeya Tanna (@KartikeyaTanna) June 27, 2025
How fairly does he redistribute his own wealth?
— Ultra Uncle T (@GLOATINGTRUTH) June 27, 2025
Says the privileged guy coming from a very wealthy family that has benefited from capitalism, good for thee not me
— Artiste DuBois (@artiste_dubois) June 27, 2025
Why did he come to a capitalist country!?! Why isn’t he in Uganda?!?
— AmericanByChoice️ (@maritza82283179) June 27, 2025
YEAH, YOU WORK and give LAZY people your money .
— CatherineB ❤️ (@CathieMarieb) June 27, 2025
Actual communist
— Jaimee Michell (@thegaywhostrayd) June 27, 2025
“It’s finally happened, the Democrats have crossed the line. Zohran Mamdani, a 100% Communist Lunatic, has just won the Dem Primary, and is on his way to becoming Mayor. We’ve had Radical Lefties before, but this is getting a little ridiculous,” President Donald J. Trump said, chiming in on Mandami’s big win in a post to Truth Social.
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