Hasty Briefsbeta

San Francisco's Ultrarich Are Blocking a Zohran-Style Agenda

17 days ago
  • #San Francisco politics
  • #Tech billionaires
  • #Democratic socialism
  • Democratic socialists in San Francisco have been pushing Zohran Mamdani-style policies, but they are often blocked by Silicon Valley billionaires and real estate interests.
  • Zohran Mamdani's victory in New York City's Democratic mayoral primary has energized democratic socialists, reinforcing the appeal of bold, populist economic platforms.
  • San Francisco voters have supported Mamdani-style policies, but political and economic elites, including tech billionaires, have worked to block them.
  • Examples of blocked policies include free public transit pilot programs, taxes on rideshare platforms, and vacancy taxes aimed at addressing housing crises.
  • Mayor London Breed and other establishment figures have vetoed or defunded progressive measures, redirecting funds away from social housing and public services.
  • Tech billionaires like Elon Musk, Mark Zuckerberg, and Garry Tan are aligning with conservative politics, further obstructing progressive agendas in San Francisco.
  • Ordinary San Franciscans face an uphill battle against oligarchic influence in politics, which continues to stymie progressive policy victories.