Think seriously through the consequences...

Editor's note: ...of government owned grocery stores in New York being proposed by New York City mayoral candidate Zohran Mamdani and now supported by Sen. Elizabeth Warren (far left progressive Democrat). First recognize the consequences of socialism by looking at the disastrous effects socialism has had on California under Newsom. California is losing another iconic business because of California's policies. Lynsi Snyder, president and billionaire heiress of In-N-Out Burger, announced she is leaving California and relocating to Tennessee as the company begins expanding eastward. People are leaving the state of California because of high income taxes, business taxes, and cost of living concerns in cities like San Francisco and Los Angeles. More and more residents and corporations are looking for more affordable alternatives in states like Texas and Florida (see Florida ranked top economy in the U.S. for second year in a row). 

Sen. Elizabeth Warren Backs Zohran Mamdani's Proposal For State-Owned Grocery Stores (VIDEO)

The problem with socialists is they never look at monetary policy or how inflation is causing related problems. Proponents of these policies like Newsom and his socialist crew argue that they are necessary for addressing issues like income inequality, affordable housing, environmental protections, and social justice. Inflation is a hidden tax. It is theft from the working class. When the money supply increases rapidly (as it has in recent years), the value of money decreases, which means that the purchasing power of people’s wages and savings effectively erodes. Government owned grocery stores in New York will lead to issues like bureaucratic inefficiency, supply chain problems, and reduced quality. Who is ultimately going to pay for those New York government owned grocery stores? The taxpayers will. Think about this: One-third of the salary of Californians is taxed. And that's just the beginning.

Some also argue that the Federal Reserve's actions under Jerome Powell to print more money (in response to economic crises, like the 2008 financial crash or the 2020 faked pandemic) have disproportionately benefited financial markets (rent-seekers) and large corporations, while leaving everyday Americans with the burden of higher prices especially in the ineptly managed states like California. It's a misunderstood dynamic, and it seems like there are competing interests at play between helping stimulate the economy and preventing the damage that inflation can cause to individual workers. Socialists hardly ever include monetary policy in their focus on social injustices throwing inflation into their overall criticism of capitalism. Power politics: Is President Trump disengaging America from the imperial British central banking warfare and money creation hegemony? After all, Marxism and communism were launched out of the City of London.

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Marxist and other socialist theories often emphasize the real economy—the production of goods and services, labor, and the distribution of surplus value—over purely monetary phenomena. It's their self-imposed blind spot. They look at inflation as part of the class struggle without concerning themselves with the central banking power to create money out of nothing. In this sense, Marxists and socialist are tools of the central bankers. Zohran Mamdi wants to make the cost of groceries cheaper but he is not looking at the underlying cause for the increase in food costs.

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There is absolutely no way to convince socialists in California to support this idea. If Marxists and socialists criticize economic exploitation and rent-seeking here is their chance to remove that unregulated power:

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