Socialism in NYC: What It Means for the Democratic Party? Artwork

On Wealth and Progress

Balanced commentary on economics, politics and current events for a better future

On Wealth and Progress

Socialism in NYC: What It Means for the Democratic Party?

July 02, 2025 • Todd • Season 1 • Episode 7

What happened to the Democratic Party? In this video, Todd Sheets explores the shift from Bill Clinton’s pro-business success to today’s rising socialist wing, highlighted by Zohran Mamdani’s NYC victory. Learn why policies like extreme minimum wage hikes and government-run programs may hurt the very communities they aim to help. From inner-city joblessness to economic history, this deep dive connects past lessons to today's political choices.

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