French Elites Face a Mamdani Moment of Their Own

France’s 2027 presidential election is increasingly looking like a shoo-in for the far right, or at least a hard-fought scrape by the center. But what if something closer to a “Mamdani moment” is in store?
Investment banker Matthieu Pigasse last week argued that leftist firebrand Jean-Luc Melenchon, who, like New York City Mayor Zohran Mamdani, clinched the Gen-Z vote with calls to seize the means of production, has a “head start” in a crowded field of candidates vying to challenge the far-right National Rally’s rise. In an interview on LCI TV, the banker cited “popular anger” against an “exhausted” capitalist system and said he’d vote for the far left over the far right in a runoff between the two, even if he had some differences of opinion with Melenchon.
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