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    Home»Business»GOP rep: Mamdani capitalism statements 'madness to the best degree'
    Business

    GOP rep: Mamdani capitalism statements 'madness to the best degree'

    david_newsBy david_newsJune 30, 2025No Comments2 Mins Read
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    GOP rep: Mamdani capitalism statements 'madness to the best degree'
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    Rep. Mike Lawler (R-N.Y.) on Monday slammed New York Metropolis mayoral candidate Zohran Mamdani over feedback he has made about capitalism.

    “This is the financial capital of the world, here in New York City. And just the other day, he was asked, ‘Do you support capitalism?’ And he said, ‘No,’” Lawler mentioned on CNBC’s “Squawk Box.”

    “This is insanity to the highest level. So, whatever anybody’s thoughts are about Eric Adams, the fact is, New Yorkers are going to have a choice, and the choice is going to be to have a functioning city based on reality and economic realities, or you’re going to go towards socialism, which would be an absolute disaster,” he added.

    Mamdani, a democratic socialist, shocked American political observers final week as he gave the impression to be headed towards clinching the Democratic nomination for the Massive Apple’s mayor over former New York Gov. Andrew Cuomo. If Mamdani secures New York Metropolis’s prime job, he could be its first Muslim and Asian mayor.

    In an interview on CNN final week, the outlet’s Erin Burnett questioned Mamdani about his view of capitalism.

    “Do you like capitalism?” Burnett requested.

    “No, I have many critiques of capitalism,” Mamdani responded. 

    Mamdani additionally instructed NBC Information’s Kristen Welker on Sunday that he didn’t consider “that we should have billionaires because, frankly, it is so much money in a moment of such inequality.”

    The Hill has reached out to Mamdani’s marketing campaign for remark.

    039insanity capitalism GOP Highest level039 Mamdani Rep statements
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