Breitbart Business Digest: What Mamdani’s Victory Reveals About America’s New Class Politics

Breitbart ^ | November 5th 2025 | John Carney

[Jacquerie]

Mamdani didn’t win because affluent Brooklynites suddenly became Marxists. He won big because he identified something real that cuts across traditional class boundaries: a pervasive sense that the fundamental bargain of American economic life has broken down.

Look carefully at Mamdani’s coalition and you see two distinct phenomena that shouldn’t be confused with each other.

The core—the engine of his victory—was the gentrified neighborhoods of Brooklyn. Park Slope, Prospect Heights, Bushwick, Fort Greene: these delivered 60-70 point margins. This wasn’t tactical voting or lesser-of-evils thinking. This was enthusiasm. These neighborhoods turned out at near-presidential levels and voted as a bloc.

These aren’t wealthy enclaves in any traditional sense. They’re populated by people who did everything right according to the old playbook: got educated, found professional jobs, moved to the city for opportunity. Many of them earn $80,000, $100,000, even $150,000 a year.

And they’re financially underwater.

In the nicer neighborhoods and good school districts in Brooklyn, median rent for a two-bedroom apartment available on the market now exceeds $4,600 per month. That means a household earning $150,000—comfortably in the national top 10 percent—is spending over a third of their income just on rent, with nothing left to save for a down payment they’ll never be able to afford anyway. These are people with good jobs who live with roommates into their thirties, who’ve given up on homeownership, who’ve delayed having children because they literally cannot afford the space.

This is Mamdani’s real base: not trust-fund socialists, but what we might call the professionally precarious. They have credentials and decent incomes, but just holding on, barely, to housing, jobs, and their social position. They followed the script they were handed and discovered that the promised rewards had been replaced with a treadmill. They own nothing—and they do not like it.

[Frank Drebin]

"That means a household earning $150,000—comfortably in the national top 10 percent—is spending over a third of their income just on rent, with nothing left to save for a down payment they’ll never be able to afford anyway. These are people with good jobs who live with roommates into their thirties, who’ve given up on homeownership, who’ve delayed having children because they literally cannot afford the space."

There is a lot of insight in these few sentences.

[GOPJ]

The only way anything close to the fantasy of ‘socialism’ would work would be if Republicans created it. The current offering by democrats is nothing more than the usual lies - that we can all go back to our childhoods (of reality or wishful thinking) and have the State become the loving and fair parents who would protect and love us....

[bankwalker]

insight?

[rellic]

The fix sure as hell isn’t socialism.
Fix is get rid of Democrats that stifle
growth as the Earth and all it’s little
creatures are more important than humans.
Get rid of the “Green” Democrats!

[Empire_of_Liberty]

Mamdani didn’t win because affluent Brooklynites suddenly became Marxists.

He won because too many have always been Marxists.

[HYPOCRACY]

They didn’t do “everything right”. I’m sure they’ve been voting Democrat or not at all. The solution to high taxes and high rents is higher taxes and government housing according to these idiots.

They’re about to get socialism good and hard. The shitholery is just getting started.

[Frank Drebin]

Meaning the type of people the article is referencing. They are not typical of real America.

[angry elephant]

These people supposedly did everything right but they did not have their eyes open. The rise in the cost of housing has outstripped the rise in income for decades now.

Running a small business in downtown Seattle I started noticing in 94 that office rent and equipment charges were outstripping the rise in wages in my business. It is not good thinking to believe that a high salary will provide an affordable life in a big city.

These so-called educated folk never studied economics. And
now they are compounding their errors.

[cgbg]

Article:

“moved to the city for opportunity”

omg.

I turned down a bunch of “opportunities” to work in NYC over many decades.

Why?

Because working and living in that dump is not an “opportunity”.

[piytar]

Thing is Mandami will just make it worse for them. And they have no clue.

[RoosterRedux]

Mamdani didn’t win because affluent Brooklynites suddenly became Marxists. He won big because he identified something real that cuts across traditional class boundaries: a pervasive sense that the fundamental bargain of American economic life has broken down.

Bullshite.

Mamdani didn't identify anything. He was in the right place at the right time.

He's a radical left commie and Muslim candidate who appealed to the Democratic Party at a time when it had gone bat-shiite crazy with a love of communism and Woke tolerance of Islam.

It took years of university indoctrination to bring the Democrats to this level of combined ignorance of history and blind hatred of Judeo/Christian civilization and everything decent and right.

Mamdani didn't cleverly figure this out. He just stepped into the vacuum.

[Bratch]

This is Mamdani’s real base: not trust-fund socialists, but what we might call the professionally precarious. They have credentials and decent incomes, but just holding on, barely, to housing, jobs, and their social position. They followed the script they were handed and discovered that the promised rewards had been replaced with a treadmill. They own nothing—and they do not like it.

It was leftist Democrat policies that led to their current dilemma.

Now they've voted for leftist government on steroids.

[Ueriah]

i am not so sure that the (very real) economic problems of New York City are able to be solved by the Mayors Office, regardless of who runs it.

[MinorityRepublican]

New York City used to be cheap back in the '70s and '80s because it was literally Gotham.

As long as they were able to clean it up, it was going to be expensive no matter what.

[RoosterRedux]

Rudy Giuliani did a fine job of improving NYC and its economy. And Mamdani can do a fine job of effing it up.

I say this as a former New Yorker.

[sauropod]

Bkmk

[MrBambaLaMamba]

Insert Nelson “Ha Ha” pic here.

[sopo]

These are the Jean Caroll, Alvin Bragg and Lateisha James jurors who couldn’t care less about anything resembling the truth. The driving force is hatred.