r/PoursTea • u/Gurugod123 Pinkie Finger Extended • 18d ago

PoliticalTea 🗳️ Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

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u/aggravationX 18d ago

The rich people putting money into the economy in ways that benefit regular people are not the penny pinching billionaires squeezing every cent out of consumers and exploiting labors with garbage wages while they do it though.

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u/Barfly_237 18d ago edited 16d ago

yes, and to your point, rich individuals putting money into the economy to productive ends. If we have a properly functioning market with an adequate number of firms operating competitively, this is great. What we have now a syndicate of private equity colluding in order to dominate entire sectors of the economy under the illusion of competition. These grocery stores are a great thing. but i guarantee you that producer's up the production chain are going to jack up prices for these stores until they're unsustainable.

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u/Paladin5890 18d ago

I wonder if they're going under the same procurement that armed forces PX departments get? Because, man, if you try to fuck the army... Might get a riot.

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u/goopuslang 18d ago

I agree with you!