Co-ops (Worker Cooperatives)

Worker cooperatives, or co-ops, are businesses owned and managed collectively by their employees. Instead of external shareholders, the workers make decisions about how the business operates, share profits, and have equal say in governance. This model encourages fairness, collaboration, and shared responsibility, aligning the company's success with the well-being of its workers. Co-ops can operate in various industries, emphasizing democratic control and mutual benefit. They promote community stability and empower workers by giving them direct involvement and ownership in their workplace.