Business Rundown: Why Some ‘Fear’ The Rise Of ‘Class Warfare Politics’

In just a few days, New York City, the world’s business capital, will select its next mayor.

The favorite to win is Democrat Zohran Mamdani, a self-described Democratic socialist. This title has raised concerns among both Republicans and some Democrats.

In addition to his controversial views on Israel, his platform–which includes free buses, universal child care, and city-run grocery stores–has prompted many prominent Democrats to hesitate before supporting the frontrunner in next week’s NYC mayoral race.

While Mamdani’s focus on addressing the affordability crisis appeals to residents of one of America’s most expensive cities, critics fear his use of “class warfare tactics.”

FOX Business’ Lydia Hu speaks with Dr. Eric Patterson, the President and CEO of the Victims of Communism Memorial Foundation in Washington, D.C., to discuss his organization, the dangers of ‘class warfare’ rhetoric and policies, and why he fears Mamdani’s popularity and potential victory could signal a shift in American politics.