Cooperative Ownership

Cooperative ownership refers to a business model where the members of a cooperative jointly own and manage the organization. Each member typically has an equal say in decision-making, regardless of their financial investment. This model promotes shared benefits, democratic governance, and collaboration among members, whether in a housing cooperative, agricultural co-op, or a worker cooperative. Profits are often reinvested into the cooperative or distributed among members based on their participation. This structure contrasts with traditional businesses, where ownership and control are concentrated in the hands of a few shareholders.