Billionaires React to Zohran Mamdani's Victory...

At the end of the day, young college educated white people elected this guy. And that is the beginning of a wave that will sweep over America and I really do worry about where this takes us. Why do you go Dummies? I think what's happened is that Zorun Mami is very smart and is running a playbook to win like all politicians do based on a formula that has been winning in large cities for the past decade. And so I don't know if he really believes in this rhetoric or not, but it's worth noting that most of his platform is copied and pasted from London and Chicago. So the things that he's talked about, universal basic free meals, affordable housing, freezing the cost of transportation, public grocery stores. All three of you are reacting like these things were pulled out of thin air. They're not. These were the public platforms of the mayors who have won in London, in Vienna, in Havana, Cuba and in Chicago. So I think the reason why this works is that these are small pockets in the end of a large political spectrum. Even though New York feels big It isn't that big in the context of the United States. And what you see is that when you try to take those policies in a city, take London and then level it up at the national level, there's a quick schism that happens. So if you look at labor and labor trying to scale up the policies of a capitalist con in London, throughout the country, labor is now at the absolute lowest approval ratings in the UK of any party ever in this moment in time after an election. So I think what you're probably seeing is quite of sophisticated AB test and I think that the political wing men and the money people that want to be in control know how to run candidates on platforms that can win and this is a clear winning strategy in left leaning major metropolitan centers. I've seen it for the last decade. I think you're going to see it for the next few decades. It doesn't work. And so you're going to see the same results in New York City that you've already seen in London which has become unlivable sadly one of my favorite in the world. If you don't believe it, go visit there. Chicago which I haven't been to in 15 years and I'm never go to. It's a disaster. So my my point is it just doesn't work. So you can win, it actually isn't very effective and it doesn't scale to the national level. So you think returns. Like what's the reversal? Like do you think the reversal is everyone has some experience with crime is the reversal like the city's bankrupt is the reversal I'm the unemployment hit the fire with water in the pipes. I'll tell you something which is my view. My view is much more basic. It's it's much less sophisticated than I think what you're saying. My extremely simplet tone view of things is that humans swing in a pendulum like fashion between poles. And over multi-decade arcs, you go between the thing that works to the thing that should work now because it's not the thing before. So I suspect what happened is that New York takes a 40 or 50 year journey and at some point it will look like New York of the 80s. And at that point you'll have an Ed Cook like figure, you'll have a David Dinks like figure, you'll have a Michael Bloomberg like figure, you'll have the broken windows theory of policing reemerge as the cause celebri and the cycle will repeat itself. So I tend to think that these things are just between two poles. We've spent a lot of time in this more independent self-reliance poll. A lot of people will want to experiment with this other thing. It just doesn't prove to work and in the absence of something cataclysmically bad, I don't think it's going to change.