Image for Cooperative Economies

Cooperative Economies

Cooperative economies are systems where businesses are owned and managed collectively by their members, rather than by outside investors or shareholders. In this setup, workers, consumers, or community members have a say in decision-making and share profits. This model emphasizes democratic control, social responsibility, and community well-being. Examples include worker cooperatives, where employees own and operate the business, and consumer cooperatives, where customers collectively own and provide services. Cooperative economies aim to promote fairness, reduce inequality, and ensure that the benefits of economic activity are shared more equitably among those involved.