Zohran Mamdani just announced NYC's 1st city-owned grocery store. Could the idea help reverse rising food prices across [View all]

Source: Yahoo! News

Zohran Mamdani just announced NYC's 1st city-owned grocery store. Could the idea help reverse rising food prices across the U.S.?

Or are government-backed supermarkets incompatible with American capitalism?

Andrew Romano, Reporter
Wed, May 20, 2026 at 3:52 PM EDT
6 min read

New York City Mayor Zohran Mamdani announced this week that the Big Apple’s first city-owned grocery store will open in the South Bronx sometime next year, delivering on a central promise of his dark-horse 2025 campaign — and pitching the project, which aims to put one public, nonprofit supermarket in each borough by the end of his first term, as “physical proof of our conviction that government can be a force for good.”

"We are going to use the power of government to lower prices and make it easier for New Yorkers to put food on the table," Mamdani, a 34-year-old Democrat and democratic socialist, said on Monday. "When government understands its purpose as serving the very working people that it has left behind, time and again, it can make a difference in the most pressing struggles facing our city today.”

At a time of rising food prices, should other governments across the U.S. consider following in Mamdani’s footsteps? Or are publicly owned grocery stores incompatible with American capitalism?

Sticker shock at the supermarket is nothing new; it was one of voters’ biggest gripes during the 2024 presidential campaign and the pandemic period that preceded it. Yet, the latest spikes — driven largely by energy costs tied to the Iran war and President Trump’s tariffs — have been especially pronounced.

-snip-

Read more: https://www.yahoo.com/news/us/article/zohran-mamdani-just-announced-nycs-1st-city-owned-grocery-store-could-the-idea-help-reverse-rising-food-prices-across-the-us-195221499.html