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A worker cooperative is a cooperative owned and self-managed by its workers. This control may mean a firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one in which management is elected by every worker-owner who each have one vote. Worker cooperatives may also be referred to as labor ...
In 2004 the United States Federation of Worker Cooperatives (USFWC) was founded, which, like the ICA, facilitates worker cooperatives (see "Types and Structures of Cooperatives" below). The ongoing success of cooperative economics in providing more effective alternatives to capitalist firms was so significant by the 21st century that the United ...
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor-managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other mechanisms which employees use to participate in their firm's decision making and financial results.
In the 21st century, cooperatives continue to play a crucial role in various sectors, including health care reform debates and the establishment of worker cooperatives, in partnership with international cooperatives like the Mondragon Corporation. The National Cooperative Business Association lists over 29,000 cooperative businesses.
The United States Federation of Worker Cooperatives (USFWC) is the national grassroots membership organization representing worker cooperatives and democratic workplaces.. Its mission is to build a thriving ecosystem for worker-owned and controlled businesses and to empower their cooperative leaders to power movements for racial justice and economic democracy.
Rainbow Grocery Cooperative, San Francisco, CA; Red Emma's Bookstore Coffeehouse, Baltimore, MD [11] Seward Community Cafe, Minneapolis, MN [12] TESA Collective; The Drivers Cooperative, New York City
A consumer advocacy group is suing Starbucks, the world’s largest coffee brand, for false advertising, alleging that it sources coffee and tea from farms with human rights and labor abuses ...
A cooperative or co-op is a limited-liability business that can organize as for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority. Cooperatives are typically classified as either consumer cooperatives or worker cooperatives.