How economic democracy would have prevented the Cadbury sell-offSubmitted 22 January 2010 A letter in today's Guardian points out that employee ownership would have prevented the Cadbury sell-off. Had
the Cadbury family followed the examples of the families behind John
Lewis, Ove Arup, Tullis Russell, Scott Bader, the Baxi Group and others
in selling their shareholdings into employee ownership, the tragedy of
the acquisition of Cadbury by Kraft would have been avoided. If
enlightened owners want to avoid the short-term interests of
institutional investors always trumping the long-term interests of
employees and customers, they know what they have to do. |
9 September 2010
3 September 2010
2 September 2010
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