Friedberg: NYC’s Socialist Grocery Stores Will Be Wildly Popular and a Marketing Tool for 2028

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71 segments

0:00

Are you in favor of people paying less

0:01

for groceries, or are you a free market

0:03

monster that wants people to pay full

0:05

price for groceries?

0:06

>> I think that people have it wrong.

0:09

I think these grocery stores are going

0:11

to be wildly popular.

0:13

>> Mhm.

0:13

>> I think that everyone's being a little

0:15

bit too, I would say, long-sided

0:18

in their view on what's going to happen

0:20

with these grocery stores with the, you

0:23

know, basic obvious economic arithmetic

0:25

that someone has to pay for this, and

0:27

who's going to pay for it, and

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>> Rich people.

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>> blah. Well, I mean, the point is, I

0:31

don't think it really matters.

0:33

Because over the near term, what the

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cheap grocery stores do is create an

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incredible success story for socialism

0:42

>> Mhm.

0:42

>> that will help to support and fuel the

0:45

socialist wave in urban centers around

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this country. Think about the social

0:50

network effect of the grocery store.

0:53

So, there's there's a couple of them,

0:55

and then people start traveling from far

0:57

away to the cheap grocery store because

1:00

it has this discount.

1:02

>> Long Island, Jersey, yes.

1:03

>> Again, this will play out over the next

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24 months going into the 2028 election

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cycle,

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and everyone's like, this is so wildly

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popular. People are coming in from all

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over the place to go to these grocery

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stores. They're not checking IDs cuz IDs

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are racist, and uh you know, you can't

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check IDs to vote, so we shouldn't be

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able to check IDs for grocery stores.

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So, people will come in from all over

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the place to use these grocery stores.

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The demand will go up, and then they'll

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start to open more and more grocery

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stores like this, and then let's say

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each one loses 10 million a year, and

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they get to 10 or 20 of these.

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That's $200 million of losses per year

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on the grocery store chain. But, it

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creates this extraordinary social

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movement for more of these grocery

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stores supporting the DSA, yeah, and so

1:43

on. $200 million a year

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on a $125 billion a year budget for the

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city of New York.

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>> It's nothing.

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>> Nothing. It's less than a quarter of a

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percent of the city's budget. That is so

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cheap to market the DSA

1:56

>> Yes.

1:57

>> platform and to get the DSA platform to

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become

2:00

social marketing element that drives the

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next wave here. So again, I do think

2:04

that these grocery stores, believe it or

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not, they sound silly, they sound small,

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but I predict that they will be deemed a

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point of success and they will end up

2:13

being a big part of the fuel for the DSA

2:16

going into 2028.

Interactive Summary

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The video discusses the potential political implications of subsidized grocery stores in urban centers. The speaker argues that these stores, despite operating at a financial loss, act as an effective marketing tool for socialist platforms like the DSA by creating a popular social movement that could influence future election cycles.