Mises Institute The Election of Mamdani: What It Means – And What It Doesn’t Mean
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Nov 6, 2025 In this discussion, economist William L. Anderson critiques the implications of Zohran Mamdani's election. He analyzes how DSA supporters see this victory as a turning point for socialism, but counters that significant challenges remain for its broader acceptance. Anderson delves into the urban base of American socialism and suggests that elite influences, rather than grassroots support, drive the DSA. He also reflects on Mamdani's unrealistic campaign promises and the potential risks of embracing socialist policies in the U.S.
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Electoral Wins ≠ Nationwide Takeover
- The DSA celebrates electoral wins as evidence socialism's rise, but William L. Anderson warns broader success is unlikely nationwide.
- Electoral victories create momentum but do not guarantee systemic change or immediate collapse of the existing state.
Both Sides Treat The State As Central
- Anderson contrasts libertarian skepticism of the state with contemporary supporters who seek better governance through state power.
- He notes both MAGA and socialist movements treat government as the primary tool to achieve their goals.
Socialism's Modern Image Depends On Faces
- Modern American socialism relies on youthful, photogenic figures like Mamdani and AOC rather than ruthless revolutionary leaders.
- The movement remains urban-centered and dependent on wealthy cities it often criticizes.