community and worker cooperatives

Community and worker cooperatives are businesses owned and operated by their members—community members or workers—who share in decision-making and profits. In a worker cooperative, employees collectively control the company's policies and profits, fostering collaborative management and economic participation. Community cooperatives serve broader local needs, such as grocery stores or housing, owned by residents or stakeholders to prioritize community benefits over profit. Both models emphasize democratic governance, shared responsibility, and mutual benefit, aiming to create equitable economic opportunities and strengthen community ties.