Why is socialism on the rise?

Zohran Mamdani, a democratic socialist, has a very good chance of becoming the next mayor of NYC. Why is socialism on the rise? Why does it still appeal to people, especially young people? In this video, I examine the historical, psychological, and cultural reasons why socialism, or more government intervention, is appealing. I also talk about some of the problems with socialism. If you would like to support this work, you can buy me a coffee here: https://buymeacoffee.com/joomikim