Mamdani’s main victory in New York does not mean that young people are anti-capitalists
Business Titans across the country slipped in June when 33-year-old Zohran Mamdani won the New York City mayoral primary Panic mode A self-proclaimed democratic socialist could run New York City. Many wondered whether Gen Z was completely rejecting capitalism. Was this the end of “late capitalism” that we’ve heard so much on social media?
I tried to find out if C-Suite executives should be worried. In short: No. It was an overwhelming answer from Gen Z members and those studying them in the business and politics world.
But young people have the demands of their leaders: pure integrity. “I think a lot of historical communication in politics, business and more is built on the Mirage,” said Ziad Ahmed, 26, of Z Z-Focused Marketing Advisory Practice at United Talent Agency. This isn’t going to cut it, Ahmed said: “If the world is burning, say it’s burning. In fact, don’t say you might like heat.”
HR Leader, Note: Transparency and fairness are important values for Gen Z workers, said Charlene Li, author who advises businesses on digital transformation. Leaders need to clearly state how success is measured and provide concrete opportunities and financial compensation to employees who meet these measures, she says. Additionally, she advises business leaders to look at the demographics of who gets promotions and pay raises and think critically about the company and C-Suite.
“Variety of background thinking is the number one driver of innovation,” she told me.
Check out more about Gen Z’s cravings from their workplace My complete story here.
Christine Stoller
Editorial Director of Fortune Live Media
kristin.stoller@fortune.com
Around the table
A summary of the most important HR headings.
Manager, it’s time to exercise “muscle muscles.” This is why bosses should not talk first or second in a meeting. Wall Street Journal
A new study found workers with four-day workers report burnout and improved mental health. Business Insider
Working on your honeymoon is a new remote work trend, and there are many things psychologists have. New York Times
Water cooler
Everything you need to know luck.
Remote Warriors. Almost half of UK jobs allow you Working from homecompared to 20% currently offered in the US – Orianna Rosa Royle
Millennial manager. Just like millennials, prepare for burnout, buddy atmosphere and boundary issues. Officially overtaken generation x As the largest cohort of managers in the United States. – Nick Lichtenberg
A touching dress. Gen Z Workers need to help with office dressing: They are experiencing costume anxiety Three times More than their boomer colleagues. – Emmaburry