Public options are great because without the profit nonsense, they can undercut the capitalists and slowly drive them out of the market completely. Even when I was still a Republican back in my younger days, I knew that having a public healthcare option in Obamacare would drive private insurers out of business because they wouldn't be able to compete. I was against it for that reason back then. It annoys me that, even with that painfully obvious indicator that capitalism is wildly inefficient, it still took me another decade or so to escape the ignorance of conservatism. And I went through right wing libertarianism to get there :-p Hindsight I guess
To be honest, I find a lot of left-wing voices had some conservative or libertarian phase in their past. The hosts of Know Your Enemy and If Books Could Kill both admitted they were hard right-wingers in their early days, so I wouldn't beat yourself up about it!
“With the government’s low-cost option attracting customers, stores like Kroger and Walmart will be forced to lower prices to compete. It would also drive them to raise wages and improve working conditions to keep employees from migrating to stable jobs working for the city.”
I always knew socialist were retarded but this is a new level. Lol, lmao even.
How does a public grocery store sell products at a retail level with wholesale prices? There is inputed cost in terms of logistics (delivery), distribution (at point of sales) and if this is not reflected in the sales price then it is eaten up by taxpayers.
Lastly, how does rent control increase the supply of housing in NYC which is critically undersupplied?
No profit is just return on capital. If the business isn’t keeping any profit then you have to check how much public capital is invested. And compare the rate of return (subsidy).
Public options are great because without the profit nonsense, they can undercut the capitalists and slowly drive them out of the market completely. Even when I was still a Republican back in my younger days, I knew that having a public healthcare option in Obamacare would drive private insurers out of business because they wouldn't be able to compete. I was against it for that reason back then. It annoys me that, even with that painfully obvious indicator that capitalism is wildly inefficient, it still took me another decade or so to escape the ignorance of conservatism. And I went through right wing libertarianism to get there :-p Hindsight I guess
To be honest, I find a lot of left-wing voices had some conservative or libertarian phase in their past. The hosts of Know Your Enemy and If Books Could Kill both admitted they were hard right-wingers in their early days, so I wouldn't beat yourself up about it!
“With the government’s low-cost option attracting customers, stores like Kroger and Walmart will be forced to lower prices to compete. It would also drive them to raise wages and improve working conditions to keep employees from migrating to stable jobs working for the city.”
I always knew socialist were retarded but this is a new level. Lol, lmao even.
How does a public grocery store sell products at a retail level with wholesale prices? There is inputed cost in terms of logistics (delivery), distribution (at point of sales) and if this is not reflected in the sales price then it is eaten up by taxpayers.
Lastly, how does rent control increase the supply of housing in NYC which is critically undersupplied?
Notice how he hasn’t replied to you, that’s all you need to know.
No profit is just return on capital. If the business isn’t keeping any profit then you have to check how much public capital is invested. And compare the rate of return (subsidy).