• IhaveCrabs111@lemmy.world
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    1 day ago

    So if it’s city owned it’s bad because any profits would go back to the city. But if it private owned it’s good because the profits go to a few rich people? I must be missing something

    • kingofthezyx@lemmy.zip
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      1 day ago

      In fact you could do one better - it doesn’t need to make a profit, just break even, so you could either have lower prices, helping the community save money, or higher wages, helping the community spend money. But since it helps most people instead of a few people, it’s bad according to capitalism.

      • Not_mikey@lemmy.dbzer0.com
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        20 hours ago

        That’ll cause competition with the private owned stores and force them to push down prices / raise wages until their profit margins are gone, putting them out of business.

        The only entity that will buy the defunct stores will be the state , or maybe some actual non-profits , and now the state owns all the grocery stores and communism will be achieved. Then we get bread lines, is that what you want? /s.

        • Bongles@lemmy.zip
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          17 hours ago

          Even if people believe that (and I know they do 🙄) that then gives you a niche for a private business to fill. City store always busy? This private store is more expensive but you don’t have to wait in line as long. People will pay that difference to save time, especially in NYC.

    • EldenLord@lemmy.world
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      1 day ago

      Yes but if it‘s city owned, the profits won‘t go towards exploitation of (mostly) non-white laborers and dismantling the social system. Just think of how many humanitarian aid programs could be defunded and how much the environment could be stripped of its resources if we let the private sector maximize their profits!

      /s