Democracy Brewing (35 Temple Pl., Boston) is set to open its doors in Boston’s Downtown Crossing on the Fourth of July. It will operate as a cooperatively-owned company where workers have a stake — and a say — in the business.
Democracy is working with ReThink Restaurants, a Boston-based firm that helps restaurants employ an open-book management strategy, and will be paying all of their employees at least $15 an hour to start — or, $4 more than the state’s current minimum wage. Democracy founder James Razsa told the Boston Herald he’s so invested in giving his workers a stake in the company, in part because of Boston’s history in the fight for democracy.
The brewery will employ 48 staff members at the beginning, all full-time. It was able to raise enough capital to open through a public equity offering, but Razsa told the Herald the brewery plan to buy all of the shares back within five years to ensure it’s entirely worker-owned.
If you’re hanging in Downtown Boston this Fourth of July — a good thing to do! — head to Democracy Brewing for a pint and a reminder of what democracy looks like.