The free market reforms instituted by The Washington Post owner Jeff Bezos seem to have taken a firm hold as its old guard commentariat is now openly repudiating the pipe dreams of socialism.
The Post columnist Megan McArdle chose to hit leftists with a pretty harsh reality check in her June 21 op-ed headlined, “Socialism is back in vogue. Wait for reality to set in.”
McArdle argued that while “[i]t has never been a better time in America to be a socialist” as ardent communists and anti-capitalist politicians now run uber-liberal blue cities like Seattle and New York City, “the excesses of progressive governance are helping to make the party’s brand toxic in the less true-blue areas.” As she concluded in her sub-header, “Taxing the rich sounds good, until they move away.” Who knew capital incentive was a thing for a functioning economy!
When considering the recent uptick in prominent CEOs signaling their retaliatory measures to leave Zohran Mamdani’s New York City following his insane taxation threats, McArdle’s implication was that this is reflective of how unworkable the economy-killing socialist model really is:
Without the exuberant demand from an oversize millennial generation, mayors are rediscovering the hard reality of urban governance: It is much easier to leave a city than it is to leave a state or a country, so the tax base is more constrained, and the scope for punitive business regulations much smaller.
Read Full Article: https://newsbusters.org/blogs/business/joseph-vazquez/2026/06/22/bezos-energy-washpost-columnist-mcardle-says-socialisms
