Workers' cooperatives

Workers' cooperatives are businesses owned and self-managed by their employees. In this model, workers share decision-making power and profits, creating a democratic workplace. Each member typically has one vote, ensuring everyone has a say in the direction of the business. This structure fosters collaboration, enhances job satisfaction, and aligns the workers' interests with the success of the cooperative. Unlike traditional companies, where shareholders prioritize profit, worker cooperatives aim to balance profit-making with the well-being of employees, often leading to more equitable outcomes and sustainable practices.