Word: coops
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Dates: during 1990-1999
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Although the Harvard Coop has struggled financially in recent years, and recently contracted out its management to Barnes and Noble, Coop officials said the store is safe from the Co-op's real-estate woes...
Berkowitz said Yale's Co-op is in far better financial shape than Harvard's Coop. The Co-op can claim zero debt and a "solid" book business...
Have you ever tried to bike through Harvard Square on the street? I tried it once and nearly became cornmeal between a semi truck and the Coop curb. Cars are relentless enough in targeting pedestrians; they become even more maniacal when competing for road space with other wheeled methods of transportation...
...Coop should sell its buildings and its wares. The proceeds should be donated as to Harvard for the purpose of undergraduate financial aid. The stores which should be recruited to populate the vacant spaces should be national or regional chains that specialize in textbooks or office supplies. (If this attempt fails, sell to the highest bidder.) In any case, not only will students have access to better goods at lower prices, future generations of students will benefit from interest earned on the now-stagnant equity housed in the Coop...
...surprised by the Coop's recent failings. But I am shocked that the organization still exists. Students will continue to lose the value of their Coop "membership" in terms of opportunity cost as long as the Kremlin on the Square is controlled by an inept politburo headed by comrade Murphy. Privatization would cure such economic ills and would serve students well...