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Socialist baseball

Tuesday, 11 December 2007

Hooray! A local group, For Fans Sake, is attempting to socialize the Cubs. Well, not really, but they’re offering shares in a company that would replicate the community ownership model behind the Green Bay Packers, instead of selling the franchise to some random egomaniac billionaire. From their FAQ:

How much money can I make on this?

None.

Un-American!

EDIT: Okay, when I wrote that, I was thinking “social ownership of the means of production,” not “welfare state,” as in “corporate welfare subsidiaries to benefit billionaires” — like the wastrel governor maneuvering to buy the stadium, thereby removing a potential liability from the team’s balance sheet as its ownership shifts from one billionaire’s pocket to another.

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