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Anti-Capitalist coffee goes out of business in Toronto
The Anarchist was an anti-capitalist, anti-colonial café, shop, and radical community space.
It opened in March of 2022.It is closing for good on May 30th, 2023.
A little research quickly reveals that Toronto has a glut of coffee shops. Everything form Starbucks to Tim Hortons. There also exists specialty elderly Italian expresso brewers who allegedly make some great coffee. When you enter a market this packed with competitors offering excellent products, you are going to struggle if you are not on top of your game.
If you look at the prices, they are very high.
The thing about capitalism is that the boss is actually the customer and they decides what businesses will be successful. They ultimately decide what will be produced, the quality, and the quantity. In the end, entrepreneurs, capitalists, even farmers are all bound by the market and essentially have their hands tied to meet the demand prescribed by the public.
Works Cited:
https://fee.org/articles/new-anti-capitalist-cafe-in-toronto-perfectly-demonstrates-why-capitalism-is-awesome/
Tags:
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