Try GOLD - Free
Mamdani's New York rise: Welfarism versus populism
Mint Chennai
|July 01, 2025
There's a crucial difference between the two and his plan for the city might be just what it needs
The 33-year-old Uganda-born son of immigrants, Zohran Mamdani, defeated 67-year-old Andrew Cuomo, three-term governor of New York state, in the city's mayoral primary poll for a Democratic party candidate. Mamdani's thumping victory has sent shockwaves in the party and exposed a divide between moderates and progressives. Cuomo has name recognition. He represents a powerful political dynasty, is a well-funded establishment figure and was backed by national heavyweights and endorsed by labour unions. Mamdani is a relatively unknown democrat socialist with a left-wing vision for the city, focused on issues of affordability, fairness and redistribution. If elected, he would be New York City's first Indian-American mayor and also the first Muslim to hold that office. His win made news in the US as a major upset that has overturned expectations and perhaps signaled an ideological shift. Mamdani was careful to assert that if elected, he would duly represent all New Yorkers.
This story is from the July 01, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
STCG: Does basic exemption limit apply?
I started investing in equities in 2025 and recently sold some shares, booking a small gain.
2 mins
March 02, 2026
Mint Chennai
Is New York under Mamdani bent on overtaxing residents?
Expanded city services come at a cost voters may not understand
3 mins
March 02, 2026
Mint Chennai
Act in favour of homebuyers left in the lurch by property builders
India's Supreme Court has laid out the principle of protecting home investments. Follow it through
3 mins
March 02, 2026
Mint Chennai
Indian firms in crisis mode as conflict escalates
The safety of human life is our foremost priority, and the Company will deploy every resource at its disposal to ensure the well-being of all its people,” the spokesperson said.
1 mins
March 02, 2026
Mint Chennai
₹500 crore hit: US-Iran crisis grounds India’s airline profits
Escalating tensions across West Asia have begun to strain the operations and finances of India's top airlines, including IndiGo, the Air India group, Akasa Air, and SpiceJet, with experts estimating that airspace disruption may result in revenue losses of around ₹500 crore for carriers.
2 mins
March 02, 2026
Mint Chennai
Mittal unveils succession plan for Bharti
Bharti Enterprises founder and chairman Sunil Bharti Mittal has said that members of the next generation of the Bharti family will become more visible 'at the shareholders'table' in the coming years, signalling a gradual succession plan within the group.
1 mins
March 02, 2026
Mint Chennai
Iran crisis: Rice exporters stare at shipment delays
The shipments which were headed to Iran or even to Afghanistan have been held up
1 mins
March 02, 2026
Mint Chennai
Trump's dice roll
The US and Israel are betting on regime change in Iran through air attacks that began on Saturday. So far, bombardment has left Iran’s top leader Ayatollah Khamenei dead and sparked a retaliatory flare-up in West Asia.
1 min
March 02, 2026
Mint Chennai
Consensual view on CAFE-III: govt
The government will take a consensual view before implementing the Corporate Average Fuel Efficiency-III (CAFE-III) rules, which seek to limit average fuel consumption and carbon emissions across the entire model range of an automobile manufacturer, Union power minister Manohar Lal said on Sunday.
1 min
March 02, 2026
Mint Chennai
Life cycle funds aim to take timing decisions out of investors’ hands
The fund category will follow a preset glide path, reducing equity exposure and raising debt as maturity nears
4 mins
March 02, 2026
Listen
Translate
Change font size

