Yes. Welcome to extraction capitalism. Both Russia and China have a form of managed capitalism which works much better for the working class. Mamdani and his ilk want the levers of power to enrich themselves; the people in charge of socialist and communist governments are always the wealthiest people in the world and the worker are always the poorest. But stupid is as stupid does, so expect the worst from the voters and of course the “mail in ballots people” will always “vote” for the folks who collect and process the ballots.
If some oligarch or billionaire from a foreign country bought up water rights in a county and sold the water back at an elevated price (price gouging), retarded MAGATs would praise him or her for their “business acumen” and “ingenuity” even though that person is a **** parasite.Extraction in conjunction with a Rentier economy