Kevin O’Leary Exposes the Socialist Fantasy Destroying NYC

Kevin O’Leary sounds the alarm: New York is circling the drain, and the new mayoral fantasy of “free everything” might just be the final push.

In this blistering takedown, O’Leary doesn’t just critique policy—he exposes the rot beneath the promises. Free subways, free housing, free food? It’s political performance art, not economic reality. Behind the curtain, capital is fleeing, developers are freezing, and business leaders like Jamie Dimon are already preparing for collapse. Why? Because rent controls kill investment. High taxes crush competitiveness. And socialism—wrapped in feel-good rhetoric—turns the American dream into a bureaucratic graveyard.

O’Leary has been on this battlefield before. He’s seen the damage unions do to education, the way mediocrity becomes untouchable, and the system punishes excellence. Now those same unions are backing a candidate who offers the same broken blueprint—because it keeps the money flowing and accountability dead.

New York doesn’t need more slogans. It needs serious policy. But as O’Leary points out, when even basic economic logic is replaced by utopian illusions, the only ones left standing will be the ones who got out early.

This isn’t progress. It’s decline, rebranded. And if these policies take hold, New York’s fall won’t be slow. It’ll be sudden—and permanent.