# America doesn’t like socialism. So why are socialists winning?

- URL: https://talkfuse.com/story/america-doesnt-like-socialism-so-why-are-socialists-winning/
- Published: 2026-11-07T13:01:01+00:00
- Updated: 2026-11-07T13:38:33+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/07/socialism-elections-economy.html
- Topics: Americas, Business, Elections, Politics, World

## Key points

- Some former Mamdani opponents now use free childcare.
- Democratic socialists are organising for 2028.
- Ocasio-Cortez is weighing a possible presidential run.

## Summary

Anthony Chan, a former JPMorgan chief economist, says some business leaders who opposed New York Mayor Zohran Mamdani are now using city-backed free childcare programmes. He argues this reflects a gap between fears about democratic socialism and its practical effects, and may help explain why socialist candidates are gaining support.

The article says the Democratic Socialists of America are building national influence ahead of 2028, with growing organisation and financial backing. Representative Alexandria Ocasio-Cortez, a prominent ally, is weighing a presidential run; supporters say the movement’s infrastructure could strengthen a left-wing candidate, but it must show it can deliver.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.