• dan@upvote.au
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    5 days ago

    Why not a co-op instead? Owned by members rather than a corporation/shareholders.

    On the other hand, if government subsidization works well for medication (with the PBS) and university (with CSP places), maybe it’d work well for other necessities like food too.

      • Nath@aussie.zoneM
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        5 days ago

        Owned by individual isn’t the same thing. Whoever owns the IGA still has an interest in making a profit. A Co-op is like a club where the store is owned by club members. The idea is the store sells everything at/near cost price.

        Whether your co-op can buy cheaper than Colesworth retail prices is a different matter.

        The Government however can in theory buy products at enough scale to be at a comparable wholesale price to Colesworth - and if they start selling at/near wholesale cost price, it can put pressure on the duopoly to actually compete.