Tom Wilson

Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.

States like California are learning this in real time, as high-income earners relocate in response to rising tax pressure and growing fiscal uncertainty.

The system does not break all at once; it wears down slowly, through a steady loss of purchasing power that households are already beginning to feel.