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Former New York Gov. Andrew Cuomo reminded business leaders on Wednesday that socialism already failed New York City when Rep. Alexandria Ocasio-Cortez, D-N.Y., and progressive activists rallied against Amazon’s plan to build a headquarters in Queens.
During Crain’s New York Business mayoral forum Wednesday morning, less than one month away from Election Day, Cuomo railed against the threat that Democratic mayoral nominee Zohran Mamdani’s policies pose to the city’s economy.
“We are not socialists,” Cuomo said. “We all saw the foreshadowing of the danger of this philosophy when we lost the Amazon project in Queens and 50,000 jobs due to socialist opposition.”
Cuomo told business leaders New York City is at a crossroads — it will either “decline dramatically” under Mamdani or “pivot and actually see a rebirth.”
CUOMO CALLS NYC MAYORAL RIVAL ‘DANGEROUS,’ WARNS SOCIALISM WOULD BE ‘DEATH KNELL’ FOR CITY
Former Gov. Andrew Cuomo (right) criticized Zohran Mamdani’s (left) policies, telling business leaders that socialism already failed New York City when Rep. Alexandria Ocasio-Cortez, D-N.Y., (center) and progressive leaders rejected Amazon’s plan to open a headquarters in Long Island City. (Rashid Umar Abbasi/Fox News Digital; J. Scott Applewhite/AP Photo; Al Drago/Getty Images)
“My opponent’s proposal to provide free everything funded by raising taxes is pure ideological fantasy,” Cuomo said during his opening remarks.
ZOHRAN MAMDANI’S POLICIES ‘WON’T WORK’ IN NEW YORK, ANDREW CUOMO ARGUES
And Cuomo is pointing to one consequential business flop as proof that socialism has no place in the capitalist capital.
“We are a financial and commercial capital. We are a regulated capitalist economy,” Cuomo said, clearly criticizing Mamdani’s self-identified “Democratic socialist” policies and distaste for capitalism.
During his tenure as governor, Cuomo courted Amazon to build its second headquarters in New York,…
