Mamdani, the presumptive Democratic nominee to be the next mayor of New York and a self-identified democratic socialist, said Sunday billionaires contribute to inequality.
Give up control to whom? Some megacorp with infinite money would just buy a majority stake (often referred to as a hostile takeover) and wind up owning everything to an even larger extent than today.
Give up control to whom? Some megacorp with infinite money would just buy a majority stake (often referred to as a hostile takeover) and wind up owning everything to an even larger extent than today.