Despatch: Should the government run supermarkets?

As grocery prices rise and political pressure mounts, radical solutions are back on the table – including state-owned food stores. In this essay, Jimmy Nicholls, writer of Poke the Bear and host of The Right Dishonourable podcast, examines New York’s experiment under mayor Zohran Mamdani, arguing that public supermarkets are a costly illusion. With razor-thin margins and global supply chains driving prices, Nicholls suggests that even the most ambitious politicians cannot outmaneuver basic economics – and that taxpayers may end up footing the bill for a policy destined to disappoint.Despatch brings you the best articles from CapX’s unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.