Zohran Mamdani’s historic victory for the working class in the financial capital of the world is a reflection of the growing appeal of bold platforms that attack extreme inequality and oligarchy and move toward a more equitable and just society. Inequality, to be sure, is one of the biggest social problems facing many countries across the globe. The gap between haves and have-nots has grown to such extreme levels that it threatens social stability by undermining both democratic governance and economic sustainability. And how could it be otherwise when the richest 1 percent own more wealth than 95 percent of humanity? In the United States, a country with wealth disparities greater than all other major developed nations, the richest 1 percent holds approximately 31 percent of the natio

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