State owned supermarkets are very unlikely to be any cheaper than the discounters. The profit gouging is mostly further up the chain – look at the record profits the food processors / grocery brands are making.
There are cooperative supermarkets in plenty of places around the country, where the books are entirely public and the customers can be members of the co-op, and margins are kept deliberately low. They’re really not cheap, because they don’t have any buying power. Cope chain in Donegal is one with multiple branches and there’s various other agri co-ops with supermarkets too.
HighDeltaVee on
The average profit margin for supermarket chains is around 4%.
PBP seem to be suggesting that they could :
1. Set up a new supermarket chain
2. Magically acquire *at least* the same level of logistics and planning expertise as companies who have been doing it for decades
3. Supply goods at lower prices
As usual, they’re talking complete shite.
dropthecoin on
Would it make products any cheaper or better value?
YoIronFistBro on
Unless it’s heavily subsidised, this won’t help very much as a lot of the profiteering happens further up the supply chain.
Difficult_Tea6136 on
No.
The very large supermarkets operate on razor thin margins. The Government are not going to run a supermarket chain more efficiently than them. It won’t bring down costs for consumers.
Fornici0 on
We already have state-owned banks and this doesn’t mean anything. Public shareholding does not a public service make.
Sharp_Fuel on
No
slamjam25 on
Just imagine if supermarkets were run as well as the HSE
CurrencyDesperate286 on
No. They are very unlikely to be cheaper. Supermarkets generally operate on relatively low margins, in spite of the absolute profit levels that get thrown around.
Now, even if we ignore the incompetence that people generally expect from state operations, a state-ran supermarket would be pressured into doing “the right thing”, for example in relation to employee benefits etc. those profit margins would be eaten into pretty quickly and we potentially have something that is not just “non-profit”, but losing money to be competitive.
InfectedAztec on
Does anyone really think that my local county council or CIE-equivalent can run a grocery store more efficient than Lidl or Aldi?
Is this post just engagement bait?
douglashyde on
I see PBP have gone full communist.
I read their alternative budget yesterday, it’s utter trash, 60bn in tax increases, but no details beyond the dribble like high earners. In effect meaning anyone earning more than 46K.
To then use that 60bn and effectively give it away to those earning under 46K.
justbecauseyoumademe on
How about a state owned non profit public transport for the good of the public,
super market margins are low as it is
Rabid_Lederhosen on
Has there ever been a historical example from another country of state run supermarkets working well? I’m usually pretty big on state intervention in response to market failures, but I just can’t see how a state run supermarket is going to be able to provide a better, cheaper service than Lidl or Aldi.
Dennisthefirst on
Maybe some state owned houses first
jacqueVchr on
This is some funny shit. If a UCD politics undergrad suggested this in an assignment I’d fail them
ulankford on
God no!
Artist_Beginning on
Government spending codes and red tape would tie it ip in knots
TheChrisD on
Own-brand products — especially the discount retailers — are already comparatively cheap. It’s just the brands that are gouging us.
State-owned supermarkets won’t be much if any better than the current market.
Narwhal_2112 on
Nice to see PBP proving once again just how economically illiterate they are.
Maybe we should also collectivise the Irish Agricultural Sector while we’re at it, I heard it was a roaring success in 1930s Soviet Russia.
All in all one of the most Moronic Proposals, I’ve heard this year.
smblott on
No.
caisdara on
Where do these idiotic ideas come from?
Where do the private and public sector “compete” in Ireland? Where is the public sector cheaper?
Why would the HSE of supermarkets be good value?
MickeyBubbles on
No. The government should focus on the job they are currently ineffective at doing , not taking on remits that are not theirs.
TeoKajLibroj on
PBP say this is needed to offer a better selection of healthy foods to people who don’t have access to them. Even if you think this is a major social issue, state owned supermarkets are not the solution.
It would be far more efficient to change regulations or offer subsidies for healthy food. If people can’t access supermarkets, then expanding public transport would be a better solution.
The real reason this is proposed is because Mamdani has proposed this for New York City so PBP is just copying America. They even called them “grocery stores” in their document.
No-Entrepreneur-7406 on
Sure, let’s also add queues and ration vouchers cards and then we fully embrace communism in substance and spirit 🇨🇳
Glad_Mushroom_1547 on
Supermarkets work pretty well really but the messing with prices of late is certainly an issue that needs addressing cause it sure seems like someone is gouging.
AnyDamnThingWillDo on
Ah yeah, sure why not! They can save a shitload by issuing state approved food stamps instead of unemployment benefits.
All you have to do is load 16 tons of No. 9 coal…
ElonMusksQueef on
They should introduce state owned oil first. The fucking cunts.
WolfetoneRebel on
The only thing that will make prices come down is people having less money.
Jean_Rasczak on
And the Journal yet again wins the award for most thick media outlet in Ireland
29 commenti
State owned supermarkets are very unlikely to be any cheaper than the discounters. The profit gouging is mostly further up the chain – look at the record profits the food processors / grocery brands are making.
There are cooperative supermarkets in plenty of places around the country, where the books are entirely public and the customers can be members of the co-op, and margins are kept deliberately low. They’re really not cheap, because they don’t have any buying power. Cope chain in Donegal is one with multiple branches and there’s various other agri co-ops with supermarkets too.
The average profit margin for supermarket chains is around 4%.
PBP seem to be suggesting that they could :
1. Set up a new supermarket chain
2. Magically acquire *at least* the same level of logistics and planning expertise as companies who have been doing it for decades
3. Supply goods at lower prices
As usual, they’re talking complete shite.
Would it make products any cheaper or better value?
Unless it’s heavily subsidised, this won’t help very much as a lot of the profiteering happens further up the supply chain.
No.
The very large supermarkets operate on razor thin margins. The Government are not going to run a supermarket chain more efficiently than them. It won’t bring down costs for consumers.
We already have state-owned banks and this doesn’t mean anything. Public shareholding does not a public service make.
No
Just imagine if supermarkets were run as well as the HSE
No. They are very unlikely to be cheaper. Supermarkets generally operate on relatively low margins, in spite of the absolute profit levels that get thrown around.
Now, even if we ignore the incompetence that people generally expect from state operations, a state-ran supermarket would be pressured into doing “the right thing”, for example in relation to employee benefits etc. those profit margins would be eaten into pretty quickly and we potentially have something that is not just “non-profit”, but losing money to be competitive.
Does anyone really think that my local county council or CIE-equivalent can run a grocery store more efficient than Lidl or Aldi?
Is this post just engagement bait?
I see PBP have gone full communist.
I read their alternative budget yesterday, it’s utter trash, 60bn in tax increases, but no details beyond the dribble like high earners. In effect meaning anyone earning more than 46K.
To then use that 60bn and effectively give it away to those earning under 46K.
How about a state owned non profit public transport for the good of the public,
super market margins are low as it is
Has there ever been a historical example from another country of state run supermarkets working well? I’m usually pretty big on state intervention in response to market failures, but I just can’t see how a state run supermarket is going to be able to provide a better, cheaper service than Lidl or Aldi.
Maybe some state owned houses first
This is some funny shit. If a UCD politics undergrad suggested this in an assignment I’d fail them
God no!
Government spending codes and red tape would tie it ip in knots
Own-brand products — especially the discount retailers — are already comparatively cheap. It’s just the brands that are gouging us.
State-owned supermarkets won’t be much if any better than the current market.
Nice to see PBP proving once again just how economically illiterate they are.
Maybe we should also collectivise the Irish Agricultural Sector while we’re at it, I heard it was a roaring success in 1930s Soviet Russia.
All in all one of the most Moronic Proposals, I’ve heard this year.
No.
Where do these idiotic ideas come from?
Where do the private and public sector “compete” in Ireland? Where is the public sector cheaper?
Why would the HSE of supermarkets be good value?
No. The government should focus on the job they are currently ineffective at doing , not taking on remits that are not theirs.
PBP say this is needed to offer a better selection of healthy foods to people who don’t have access to them. Even if you think this is a major social issue, state owned supermarkets are not the solution.
It would be far more efficient to change regulations or offer subsidies for healthy food. If people can’t access supermarkets, then expanding public transport would be a better solution.
The real reason this is proposed is because Mamdani has proposed this for New York City so PBP is just copying America. They even called them “grocery stores” in their document.
Sure, let’s also add queues and ration vouchers cards and then we fully embrace communism in substance and spirit 🇨🇳
Supermarkets work pretty well really but the messing with prices of late is certainly an issue that needs addressing cause it sure seems like someone is gouging.
Ah yeah, sure why not! They can save a shitload by issuing state approved food stamps instead of unemployment benefits.
All you have to do is load 16 tons of No. 9 coal…
They should introduce state owned oil first. The fucking cunts.
The only thing that will make prices come down is people having less money.
And the Journal yet again wins the award for most thick media outlet in Ireland