Capitalist vs. Socialist on Rent Controls
September 19, 2025
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14:32Now PlayingCapitalist vs. Socialist on Rent Controls
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Bhaskar Sunkara has been a socialist since he was 17 years old and, as he told me in our recent conversation, he thinks he’ll stick with it until he dies. The founding editor of Jacobin, the most important socialist magazine in America, former vice chair of the Democratic Socialists of America, and current president of The Nation, Bhaskar has been a prominent voice on the American left for the past 15 years.
Based on my own research and observation, I consider capitalism the economic system that produces the best results for human progress. As I see it: Poverty is bad, and whichever system reliably gets rid of poverty the quickest is the one I favor. There’s just an overwhelming amount of evidence that free markets directly lead to abundance.
Today, among many other topics, we debate rent controls, specifically as they are being proposed by Zohran Mamdani in New York City.
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