Progressive Politics

Who’s afraid of Zohran Mamdani? The answer, it would seem, is the entire establishment. The 33-year-old democratic socialist and New York City mayoral candidate has surged in the polls in recent weeks, netting endorsements not just from progressive voices like Alexandria Ocasio-Cortez and Bernie Sanders but also his fellow candidates for the mayoralty, with Brad Lander and Michael Blake taking advantage of the ranked-choice voting system in the primary and cross-endorsing Mamdani’s campaign.

With the primary just around the corner, polls have Mamdani closing the gap on Andrew Cuomo, the disgraced former governor of New York. This has spooked the establishment, which is now doing everything it can to stop Mamdani’s rise.

Take Michael Bloomberg, who endorsed Cuomo earlier this month and followed this up with a $5m donation to a pro-Cuomo Pac. The largesse appears motivated not by admiration for Cuomo – during his mayoralty, sources told the New York Times that Bloomberg saw Cuomo as “the epitome of the self-interested, horse-trading political culture he has long stood against” – but animosity towards Mamdani and his policies.

Mamdani wants to increase taxes on residents earning more than $1m a year, increase corporate taxes and freeze rents: policies that aren’t exactly popular with the billionaire set.