I wrote here about Zohran Mamdani’s hate-filled, anti-American July 4 rant. It was filled with poisonous distortions of American history, and Mamdani denounced “oligarchs”–an oligarch is any rich person who is not on the Left, and whose money liberals would therefore like to steal–and attacked Elon Musk as the world’s first trillionaire. (Relax, Zohran–Elon isn’t a trillionaire any more, as SpaceX shares have slid off their opening highs.)
But I want to focus on just one aspect of Mamdani’s rant–his reference to monopolies. Mamdani said:
We see monopolies that dominate every industry.
This is not just bigoted, it is delusional. Every industry is dominated by a monopoly? That is an absurd claim. To cite just one example, what monopoly dominates the automobile industry? How can there be a sentient being, who presumably participates in our economy to some extent, who actually believes that every industry is a monopoly?
I think what is going on here is not just garden-variety stupidity. I think, rather, that Mamdani is exhibiting fealty to Marxist doctrine. Karl Marx taught that free markets inherently tend toward consolidation, and that the resulting monopolies would lead to the collapse of what he called “capitalism.” Vladimir Lenin elaborated on this theory, describing a final phase of “monopoly capitalism” that inevitably would replace the competitive markets that he actually observed.
Obviously, that hasn’t happened. But to a socialist like Zohran Mamdani, reality is less real than Marxist dogma. Marx and Lenin said that every industry would be dominated by a monopoly, so it must be true. The evidence of his eyes counts for nothing.
I conclude that Zohran is an ideologue of the most wild-eyed, and most dangerous, type.
