Can social democracy save capitalism — again?
Zohran Mamdani’s inauguration this week as New York City mayor is a moment of reckoning for those who care about preserving the American way of life.
Zohran Mamdani’s inauguration this week as New York City mayor is a moment of reckoning for those who care about preserving the American way of life. As a matter of policy, Mamdani mostly represents a continuation of the lifestyle and identity Leftism of recent decades, rather than a turn to traditional socialism. Yet it’s a telling indicator that his pseudo-socialist message has resonated so deeply with many young New Yorkers, tracking a broader shift toward urban radicalism.
It is a challenge, and an opportunity, for reformers in government and business: unless policies address the fundamental economic crises shaping this socialist surge, our market system, particularly in cities, will weaken in the face of collectivist urges. Capitalism can only be saved by addressing issues like housing affordability, lack of upward mobility, and a dearth of good jobs. In doing so, the forgotten midcentury model known as social democracy offers a promising blueprint.
Politics
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Is American Nationalism Still Creed-able?
We are not there now, but there is reason to worry that the United States is in danger, if we are not careful, of ceasing to be a nation with the principles of 1776 at its core.
National Civitas Institute Poll: Americans are Anxious and Frustrated, Creating a Challenging Environment for Leaders
The poll reveals a deeply pessimistic American electorate, with a majority convinced the nation is on the wrong track.
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The Rebooted Animal Farm’s New Villain: Capitalism
We have a generational struggle ahead of us again if we are to defend the cause of freedom from tyranny.
The Future of ESG and DEI
Though things will likely not become as radical as the Covid hysteria of 2020 and 2021, there is still plenty of institutional “muscle memory” for ESG that will make its re-emergence all too easy.
