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If you read one article on the NYC mayoral election and on the rise of "socialism" among America's elites, this is iiiitttt
It's just a beautiful piece of writing, perfectly capturing the contradiction of rising support for "socialism" in the world's capital of capitalist markets (= securities exchanges), with the eloquence of Jesse Myers' "Yuppie Elite" article (#83593).

ONE HELL OF AN INTRO:
Every morning, I ride the Metro-North into Grand Central station, walk through the main concourse, and see the constellations painted on the ceiling. It is the only place in New York City where you can see the stars. You can’t wish on them; you can’t follow them north or augur the future in their twinkling. There is no future in this city. You will own nothing, and you will not be happy. In New York you are on your own, and not even the heavens can help you.
Because NYC is a city for the destitute and for the superrich; everyone in the middle suffers, too poor for the life they're dreaming of and aspiring to -- and, at some level, secretly believe they deserve to have--- but compared to the rest of the world, rich enough to generate about zero sympathies.

"They’re the most privileged class of workers ever produced by capitalism, and they want to end it. Voting for Mamdani won’t do that, but it at least shows you’re trying."

Mr. Page was at a Mamdani party, surrounded by
...the young professional managerial class. When you hear about the laptop class—the people with AirPods, college degrees, and “good” jobs that require them to have three roommates in their thirties—this is them. The transition from a manufacturing economy to a service-based one might have killed blue-collar factory jobs, but it created professional managerial class careers in finance, education, and tech, among other fields.

"...and the news reported that Mamdani had performed worst among the very poor and very rich, but won voters making between $75,000 and $150,000 per year."

And a finish that's going to haunt America's political life for a LONG time ahead:
Everyone seems to acknowledge, at least nowadays, that the working and blue-collar middle class turned to Donald Trump because of a desire to blow up a political and economic system they felt had left them behind. The great irony of the current political moment is that many of the people Trump’s base holds most responsible for their declining fortunes—not altogether incorrectly—also increasingly feel left behind in the world they built for themselves.

Archived version here: https://archive.fo/HHijz
73 sats \ 2 replies \ @freetx 18h
Luxury Beliefs are ideas or opinions that confer status on the upper class at very little cost, while often inflicting real costs on the lower classes. As material goods have become more accessible, affluent groups now signal status with beliefs and values rather than just possessions.
Its shows your elite status if you can signal that it doesn't matter that grocery prices have gone up 3x due to "climate neutral" policies.
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Love that framework, rob Henderson is great 👍
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Radical Chic (Tom Wolfe)
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Are you familiar with Peter Turchin's work on inter-elite competition?
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not at all, this is the first I've encountered the name
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Worth a read. I think he's developed these thoughts into fuller academic work as well. Look forward to your SN Post on it!
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12 sats \ 1 reply \ @OT 18h
Looking from afar I wonder how bad NYC will really will become with this guy in. Do mayors really have that much power?
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That's the silver lining: not very much. Most of his platform and campaign promises are on things the mayor doesn't control, either.
Liz, at Reason had a decent rundown a few days ago https://reason.com/2025/10/31/zohranpocalypse/
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A lot of people complain about Mayor Kahn in London, notably Trump but how does Kahn keep being re-elected? Because they're voting for him, but who is?
Ah yes, you can't say, why not? Because that's the way it is now.
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