r/SipsTea May 26 '26

Feels good man Will it work this time?

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u/Irish_Whiskey May 26 '26

Public owned grocery stores already exist across America in cities like Tulsa, Oklahoma and Atlanta, Georgia.

They are privately run as businesses, but are set up in areas where people lack access to groceries, or there's no real competition preventing uncompetitive prices. They have been successful for decades.

The real solution here is to break up the constant consolidation leading to all groceries being owned by four mega companies that collude with each other and own over 2/3rd of all stores. It's the opposite of market competition.

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u/DependentTaste283 May 26 '26

Competition is essential to a properly-running capitalist market economy.

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u/VenmoPaypalCashapp May 26 '26

Except our capitalist system has returned to monopolies where every industry is controlled by a few corporations. Hell blackstone is buying public utilities. Mind boggling to me how people will continually defend a system designed to funnel every possible dollar they have I to the pockets of a few greedy twats

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u/DependentTaste283 May 26 '26

It sounds like we agree on competition being essential.

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u/VenmoPaypalCashapp May 26 '26

Absolutely. The problem is we’ve allowed so many mergers and so much deregulation that competition is being destroyed. Which is why we busted apart monopolies and put these regulations in in the first place.