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This is what Polymarket posted

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[-] unexposedhazard@discuss.tchncs.de 99 points 21 hours ago

Mamdani proposed the city-owned stores not have to pay rent or overhead taxes, leading to lower consumer prices. They would buy and sell groceries at wholesale prices, centralize warehousing and distribution, and partner with local neighborhoods to source products.

Thats a great idea actually

[-] jimmy90@lemmy.world 1 points 11 minutes ago

as i just learned in another lemmy post the US military call it a commisary

which is also socialist btw because we're on lemmy

[-] enterpries@sh.itjust.works 17 points 11 hours ago

City-owned, does this mean all 'profit' goes back into the city and the business is not operated in a way to maximize profit?

[-] wonderingwanderer@sopuli.xyz 28 points 7 hours ago

If they're selling at wholesale prices, there won't be any profit. That's the idea.

It's a good idea. Food should be distributed as efficiently as possible, and a city funded by people's taxes should do that for them. It makes total sense. And sourcing products from local businesses is just a bonus.

[-] JPAKx4@piefed.blahaj.zone 13 points 11 hours ago

Grocery stores don't have a lot of margins, so this move won't reduce prices by much or at all. What it will do is improve low income areas the "market" has left alone to improve the availability and quality of nearby food. I've heard a lot of people skeptical of the "lower prices" part, when I think the food desert part is a much more important part of the plan tbh.

[-] nandeEbisu@lemmy.world 5 points 5 hours ago

Low margins because they're expected to have returns equal or better than alternative investments. If they drop below that, then its not worth running a grocery store and you might as well liquidate and put your money where it will make higher returns.

If you don't care about that, or can even run on a slight loss with some taxpayer subsidies then you can make the food a lot more affordable.

[-] AliasAKA@lemmy.world 7 points 5 hours ago

One thing to also note, is that grocery margins are tight after they give shareholders and c level staff hundreds of millions of dollars. In other words, if you’re not intent on making a profit and distributing that profit only to billionaires and friends, there’s plenty of space to subsidize costs even before accounting for tax breaks (which probably net even) and controlled rent factors.

People shouldn’t get wealthy off selling groceries while people go hungry.

[-] unexposedhazard@discuss.tchncs.de 12 points 10 hours ago

They have low margins because they have high costs (like rent, logistics and insurance stuff), so if those get reduced then they can lower prices by exactly that amount while keeping the same margin.

[-] BarneyPiccolo@lemmy.today 1 points 5 hours ago

And presumably, higher wages can be included in the formula as well as lower prices.

[-] JPAKx4@piefed.blahaj.zone 1 points 7 hours ago

That makes sense, but it does mean the private grocery stores won't lower their prices in response. So unfortunately it won't have as good of an effect as affordable housing can have, but still a positive one where these are created.

[-] TheDemonBuer@lemmy.world 36 points 19 hours ago

I agree, socialism is a great idea.

[-] jimmy90@lemmy.world 1 points 13 minutes ago

all socialism? or just what you say is socialism

this post was submitted on 06 Feb 2026
135 points (98.6% liked)

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