S8 Ep157: Socialism Comes to New York — Cliff May — May critiques New York City Mayor-elect Momdani's socialist-oriented policies, arguing that aggressive rent freeze mechanisms systematically diminish housing stock availability, reduce construction incentives, and

Socialism Comes to New York — Cliff May — May critiques New York City Mayor-elect Momdani's socialist-oriented policies, arguing that aggressive rent freeze mechanisms systematically diminish housing stock availability, reduce construction incentives, and undermine long-term affordability through supply contraction. May warns that additional socialist initiatives including fare-free public transportation and police defunding drive middle-class residents toward suburban and exurban jurisdictions. May cites Venezuelan economic collapse and continuing socialism failure across multiple jurisdictions as empirical evidence that socialist economic models fundamentally cannot function effectively in complex modern capitalist economies like New York City.
1888 five points