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Mamdani's government-run grocery stores will fail 'like every socialist experiment': economist
New York City Mayor Zohran Mamdani plans to open five government-run grocery stores by 2030, a move criticized by economist Daniel Di Martino as a doomed socialist experiment that will cost taxpayers millions and harm private businesses. Di Martino argues government stores lack profit incentives and will undercut existing retailers like Aldi and Costco in East Harlem.
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