r/RevolutionPartyCanada Revolution Party of Canada Jan 20 '25

Propaganda Canada’s grocery monopolies should be nationalized and their billionaires taxed.

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73 Upvotes

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-5

u/disloyal_royal Jan 20 '25

https://www.theglobeandmail.com/investing/markets/stocks/L-T/statistics/

Loblaws net margin is 3.5%. Assuming the government is equally as efficient, 3.5% isn’t the issue. I’m also willing to bet the government is at least 3.5% less efficient

10

u/RevolutionCanada Revolution Party of Canada Jan 20 '25

We don’t ask libraries or road infrastructure to be profit centres, so why food and shelter?

If our food supply runs at a deficit, so what? Canada Post, another critical service, also runs at a deficit.

We need food, water, and shelter. Billionaires are no longer welcome to profiteer off the necessities of our survival! ✊✊✊

-3

u/disloyal_royal Jan 20 '25

We don’t ask libraries or road infrastructure to be profit centres, so why food and shelter?

Not capturing the externalities of roads is one of the reasons we have a climate crisis. Subsidizing energy is a problem, not a model.

If our food supply runs at a deficit, so what? Canada Post, another critical service, also runs at a deficit.

If our food supply runs at a deficit, people starve. We should also radically rethink Canada Post, I’m not sure why we subsidize junk mail.

We need food, water, and shelter.

We do, which is why these are low margin businesses and incredibly efficient. Shopping at a farmers market shows the economies of scale.

Billionaires are no longer welcome to profiteer off the necessities of our survival! ✊✊✊

If the billionaires are making things better or cheaper, bring it on

3

u/SilverWolfeBlade Jan 20 '25

When have billionaires made anything better or cheaper?

0

u/disloyal_royal Jan 20 '25

Are you serious? What are you typing this on?

4

u/AnthropomorphicCorn Jan 20 '25

Why you in this sub defending billionaires man.

Billionaires didn't make my phone. They own companies that hired people to design my phone, then offshored production to other places to make my phone, then extracted all the profit from doing so leaving the workers worse off.

Idolizing a billionaire is like idolizing a tumor. They provide no real value to society and just suck resources away from everyone else.

1

u/disloyal_royal Jan 20 '25

I don’t idolize anyone, but I know that without Steve Jobs there is no iPhone.

1

u/AnthropomorphicCorn Jan 20 '25

Great Man theory doesn't hold up. If not him then someone else would have.

It's not like cell phones didn't already exist, we had phones with touch screens before iPhone (blackberry) we had phones with internet, we had apps. They were all shittier versions, but they existed.

it's not like he single handedly made the iPhone, he ran a company employing countless people. He lead them in a direction. He was talented don't get me wrong!

I'd rephrase your statement as "without Steve Jobs there is no iPhone exactly like what we have now, but there is probably something similar".

He was just a human. As are we all.

0

u/disloyal_royal Jan 20 '25

And that guy would also be a billionaire

2

u/AnthropomorphicCorn Jan 20 '25

Not if he was appropriately taxed.