Thursday, 4 February 2010
Just to say that this book is worth a read if you're at all interested in the ownership of companies. I'm about halfway through and finding it really informative. Lots of stuff about alternatives to investor-owned businesses and when and why they do and do not work. At lots of useful background info in there. I had no idea, for example, that companies like Ocean Spray and Sun Maid were agricultural co-ops. That said, it is NOT a book that advocates employee ownership, but it is a pretty dispassionate analytical take on why different types of company ownership emerge (including why they appear in particular industries).