When Workers Own Their Companies, Everyone Wins

When Workers Own Their Companies, Everyone Wins

8/6/2014

link

https://newrepublic.com/article/118933/economic-benefits-coop

summary

This article discusses the economic benefits of cooperatives (co-ops) as an alternative business model. It highlights how co-ops can provide numerous advantages, such as better job security, higher wages, and increased employee satisfaction. The article argues that co-ops empower workers by giving them a stake in the company and a say in decision-making processes. It also emphasizes how co-ops tend to prioritize the well-being of their communities, rather than solely focusing on maximizing profits. The author concludes that promoting and supporting the cooperative model could lead to a more equitable and sustainable economy.

tags

cooperative business ꞏ cooperatives ꞏ economic democracy ꞏ alternative business models ꞏ worker ownership ꞏ community ownership ꞏ social economy ꞏ labor movement ꞏ economic justice ꞏ cooperative principles ꞏ grassroots economics ꞏ local economies ꞏ shared prosperity ꞏ sustainable development ꞏ social impact ꞏ cooperative movement ꞏ economic empowerment ꞏ democratic workplaces ꞏ social enterprise ꞏ wealth redistribution ꞏ income inequality ꞏ economic stability ꞏ collaborative economy ꞏ cooperative governance ꞏ socially responsible business ꞏ cooperative finance ꞏ cooperative entrepreneurship ꞏ economic resilience ꞏ cooperative networks ꞏ cooperative education ꞏ cooperative values ꞏ community development ꞏ economic sustainability ꞏ cooperative management ꞏ cooperative productivity ꞏ cooperative decision-making ꞏ cooperative leadership ꞏ cooperative innovation ꞏ cooperative marketing ꞏ cooperative agriculture ꞏ cooperative housing ꞏ cooperative technology ꞏ cooperative resource sharing ꞏ cooperative community building ꞏ cooperative solidarity ꞏ cooperative advocacy ꞏ cooperative impact