Our own @ntnsndr and @mattcropp are part of a forum on the acquisition of New Belgium Brewing. Look forward to reading this! Glad to know that we still have two employee owned craft breweries in the state... (but for how long?)
Great exchange of perspectives. The "we had to sell because we needed more capital to expand in order to compete" argument reminds me of the justification made when Fagor Electrodomésticos went bankrupt, having borrowed excessively to buy Brandt and Mastercook. The logic of capital is expansion: "accumulate! That is Moses and all the Prophets!" as Marx said. To the degree that the organizing principle of an Employee-owned firm is capital...
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