Mayor Zohran Mamdani speaks about the "fiscal challenge" facing New York City.

Last fall, when New York’s business community warned that the election of a self-described democratic socialist as mayor would trigger an assault on the city’s economic engine, we were waved off as hysterical. The press assured us that Zohran Mamdani was "evolving," that his rhetoric would soften, that we should focus instead on his vague promises of "affordability."

That reassurance evaporated almost instantly.

Barely two weeks after his swearing-in — amid lofty rhetoric about the "warmth of collectivism" — the Mamdani administration unveiled its real agenda. Sam Levine, the newly installed commissioner of the Department of Consumer and Worker Protection and a veteran of Lina Khan’s Federal Trade Commission, released a sensational report accusing companies like DoorDash and Uber Eats of "diverting" more than $500 million from delivery workers.

The charge was dramatic. It was also profoundly misleading.

MAMDANI SIGNALS DISBANDING NYPD PROTEST UNIT, CALLS FOR HIGHER TAXES ON TOP 1% AMID BUDGET RECKONING

New York City Mayor Zohran Mamdani is already creating his "new era." The result is more class warfare. (Getty)

The report was less an exercise in economic analysis than a political weapon — crafted to inflame public........

© Fox News