Tuesday, December 05, 2006

Vietnam Hangover Ends

The Mifflin Street Co-op formed in the revolutionary baby boom atmosphere of 1969 as a working example of how the world could be a better, more communal place to live. Time keeps moving on despite the tenacious hold of the forever rebels down the western slope of Capital Hill.

Mifflin Street Co-op: Its time is over: After almost 10 years without a profitable quarter and with thousands of dollars owed to the Internal Revenue Service for unpaid payroll taxes, the 800-square-foot natural foods grocery will close its doors Friday after nearly 38 years in business.

I think it is fair to say, that like most economic theories conceived in the center of Madison, the long term survival of this grand experiment was doomed without taxing authority.