worker co-ops
Worker co-ops, or worker cooperatives, are businesses owned and managed by their employees. In this model, each worker has a say in decision-making and shares in the profits, promoting a sense of community and collaboration. This structure often leads to a more equitable workplace, where everyone’s voice is valued.
These cooperatives can be found in various industries, from agriculture to manufacturing and services. By prioritizing the well-being of their members over profit maximization, worker co-ops aim to create sustainable and resilient businesses that benefit both workers and the local community.