New York City just handed the keys to its financial engine to a hard-left ideologue who vows to demolish capitalism.

Zohran Mamdani campaigned on freebies and fantasies: free buses, free housing, free this—paid for by “the rich.” He never explained how.

He ran as a revolutionary. He won as a revolutionary. Now he’ll govern as one.

Mamdani outright rejects the free-market foundations that built Wall Street and Midtown skyscrapers. He calls big enterprises “exploiters,” the police “oppressors,” and private investment “a tool of the wealthy elite.”

Prepare for skyrocketing taxes. He’ll push the state legislature to hike rates on individuals and corporations alike. And when Albany balks, he’ll howl about entrenched privilege blocking “affordability.”

Small business owners are already packing up. Technology firms, hedge funds and law shops will follow. New Yorkers will be left with vacant storefronts and empty office towers.

Crime will explode. Mamdani’s open-borders rhetoric and hostility to law enforcement guarantee it. He’s pledged to strip funding from the NYPD. Criminals will see that as an invitation.

Public transit will collapse under the weight of “fare-free” utopia. Buses crammed with the desperate will run late—or not at all. The city’s infrastructure was never built to be free of charge.

His victory speech offered no nod to America’s founders—no Washington, no Lincoln, no Jefferson. Instead he invoked Eugene Debs and Nehru. He made clear his mission: tear down, then rebuild in his image.

This is not progress. It’s radicalism dressed up as compassion. It will leave New York bankrupt, unsafe and abandoned by the ambitious.

Republicans must call this what it is: a red flag. Voters across the nation should heed the warning. Radical promises always end in ruin.

Brace yourselves. The city that never sleeps is about to endure a socialist nightmare. And hardworking Americans will pay the price.