- It’s time to investigate, hold accountable SPLC (3/23/19)
- New study could improve effectiveness of welfare (3/20/19)
- Elective bible study classes would offer historical insight (3/16/19)
- Alas, media fixation on Ocasio-Cortez continues (3/13/19)
- This week’s absurd news: Olympic breakdancing and a do-nothing job (3/9/19)
- Origin of polarization in U.S. hard to pinpoint (3/6/19)
- Divisiveness among political parties grows (3/2/19)
Green New Deal plan like Panera’s failed experiment
For all the liberal progressive Democrats flirting with socialism, look no further than Panera Bread’s failed experiment for a glimpse into the future.
Panera Bread’s liberal think tank thought it would be a nice social experiment to open restaurants where customers could pay what they wanted for their food.
The idea was to put the focus on food insecurity and allow everyone to pay according to their means. The restaurant had a suggested price which was widely ignored.
So it’s with great sadness that the company announced this week that the last “pay what you want” restaurant is shutting their doors.
The stark reality widely ignored by the socialist crowd is that business must produce enough revenue to cover their expenses. You would think that much would be obvious.
The phony concept was an attempt to find kinship with the growing social justice warriors who condemn corporate capitalism.
By adopting a socialist model, the liberal-leaning Panera Bread thought that human nature would be abandoned and the good people of this country would willingly pay a sufficient amount to allow the restaurant to survive.
And they went down in flames with their failed experiment.
Now the food insecurity falls on the shoulders of the employees who no longer have a job because some higher-up thought it would be trendy to latch onto the socialist bandwagon.
The restaurant chain opened their first donation-based outlet in St. Louis back in 2010. The chain’s founder said the innovation was a “test of humanity” to see if customers would recognize the value of the food and pay accordingly.
Guess what? It doesn’t work that way.
This growing socialist crowd clearly lacks common sense and even fundamental understanding on how business operates. That’s because not any of these snowflakes has ever been in business.
My business model — which I have repeated for over 40 years — is a simple one: To stay in business you have to have more coming in the front door than going out the back door.
Do socialists ever consider that in this case for example, someone has to pay for the building and furnishings and machinery to run that business and overhead to warm and cool the building and staff to operate that business and material to make your food?
Allowing customers to pay what they want may sound good. But it’s a clear formula for failure.
The socialists’ Green New Deal announced last week has a provision for a guaranteed income for all Americans even if they are “unwilling to work.”
It doesn’t take a rocket scientist to see that this income concept will be about as successful as the Panera experiment.
If socialist have their way —and they will not — then every business will be forced to adopt the Panera model and every business will fail.