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Political Discussion
Reply to "Publicly funded supermarkets?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Commissary, anyone?[/quote] I think that’s a great model. I think they break even. If city or state owned property could be leased for nominal fees, they could be an attractive option. [/quote] That's the whole point of a public good. I never understood the argument of privatizing so many things since it often ends up costing more because the private entity often has shareholders and has a fiduciary duty to make money. Separately, there are many other areas where public money competes against private money such as recreational activities, housing, education, and transportation. And food deserts exist specifically because the private money already abandoned the area. It'd be ironic if a publicly funded supermarket eventually brought in some other grocery stores because of Fomo.[/quote] And since labor is the most expensive part of any for profit entity, the only real way to increase profits is to cut labor costs. [/quote]
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