worker co-operatives
Worker cooperatives are businesses owned and self-managed by their employees. In this model, each worker has an equal say in decision-making and shares in the profits, promoting a sense of ownership and responsibility. Unlike traditional companies where profits primarily benefit shareholders, worker co-ops prioritize the well-being of all members. This structure fosters collaboration, democratic governance, and a focus on sustainable practices, often leading to greater job satisfaction and community engagement. Worker cooperatives can be found in various industries, from farming to manufacturing and services, embodying principles of equity and mutual benefit.
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Worker cooperatives are businesses owned and self-managed by their employees. In this model, workers share decision-making power, profits, and responsibilities, fostering a collaborative and democratic workplace. Each member typically has an equal vote on important issues, ensuring that their voices are heard. This approach promotes a sense of community and stability, as workers are directly invested in the success of the business. Worker cooperatives can be found in various industries, providing an alternative to traditional business structures where ownership and profits are concentrated in the hands of a few.