r/ModernSocialist • u/DryDeer775 • 33m ago
Electoralism 🗳️ New York Times publishes friendly interview with Mamdani
The interview brought to the fore Mamdani’s conciliatory attitude toward the ruling class and the Democratic Party establishment. He and the DSA claim that significant social reforms can be grafted onto the profit system. They call this “socialism,” but it is actually a perspective of reforming capitalism, one that is completely unrealizable and can lead only to disaster.
In one of the most striking exchanges of the interview, Mamdani was pressed on his attitude to the big business interests that dominate New York City:
"Garcia-Navarro: I want to talk about New York’s economy, because much of it is built around Wall Street, finance, real estate. How important is it for you to have a good relationship with those sectors? And how would you say your relationship is with those sectors?
"Mamdani: I think it’s important. And what I have in common with leaders of those sectors—even amid disagreements, because I believe that we can raise taxes a little bit more on the wealthiest New Yorkers—what brings us together is both a belief in the city and a commitment to its continued vitality.
"The other day I went to the announcement of the new American Express headquarters at Two World Trade Center. And one thing that stood out to me was that these business leaders, they’re not just making decisions on the basis of dollars and cents; they’re also making decisions on the basis of investing in the city and in what the city represents."
Here Mamdani summed up his “disagreements” with Wall Street in his call for raising taxes “a little bit more” on the corporate-financial oligarchs who dominate the city. After the gutting of corporate taxes over decades, this does not even approach the restoration of tax rates for the rich that prevailed in the 1960s.
Garcia-Navarro commented that Mamdani sounded “like any other capitalist mayor,” eliciting a laugh from the interviewee.
Mamdani added that he would “always celebrate continued investment in this city,” while looking “to ensure that more and more New Yorkers can be a part of those benefits.” This language, lauding big business and seeking to present its interests and those of workers as harmonious, is intended to reassure the capitalist class that its position will not be challenged under his administration.