
When 33-year-old Zohran Mamdani won the New York City mayoral primary in June, business titans across the country slid into panic mode at the possibility of the self-described democratic socialist running New York City. Many wondered whether Gen Z was rejecting capitalism outright. Was this the demise of “late capitalism” that we have heard so much about on social media?
I set out to find out whether C-suite executives should be worried. In short: No. That was the resounding answer from members of Gen Z and the people who study them in the business and political worlds.