A very good point.

[u/Veshaad]

[u/SoilDependent1054]

I just now looked into it and it seems that the plan is to subsidize some groceries listed as essentials. So, the plan is not to have lower prices simply by not having profits or procing bullshit. It is subsidies from tax payers. 

This is not planned to turn a "marginal profit" or be self sufficient. They take a loss on the groceries and do not pay rent or property tax for a location that a business would.

Not arguing if this is good or bad, but just trying to clarify according tp the published plans.

EDIT: there is actually going to be a private-public model. The locations are going to be privately run for profit. But the city is subsidizing the initiative through the capital investment to built and/or refit the locations and through incentives like not having to pay rent or certain taxes. Not taxing is of course an indirect subsidy. The private operators then have strict requirements about pricing, labor practices, operating practices etc. So, they are required to keep prices low, but are planning to turn a profit from the subsidized operating expenses.

[u/WeigelsAvenger → u/SoilDependent1054]

So doing what the government already does for giant agri-corporations, but does it for consumers. Awesome.

[u/Late-Song-2933 → u/WeigelsAvenger]

Lol. No. Not close.

[u/WeigelsAvenger → u/Late-Song-2933]

Good point. It would take billions of dollars more subsidizing consumers to catch up to agri-corporate subsidies.