Adam Summers: The success of Mamdani and the failure of socialism

No place in the country rings in the New Year like New York City, but as the crystalline ball of lights drops in Times Square to mark the coming new year, so, too, does a shadow fall over the city as Zohran Mamdani takes power as the new mayor. Mamdani has promised greater affordability and “free” services (paid for by taxpayers, of course) such as child care and bus rides, but if he were to actually implement his schemes, his brand of “democratic socialism,” like all other forms of socialism, will only spread more poverty — not prosperity.