Friday, December 7, 2012

The joys of worker cooperatives

Back in September I compared various political and economic systems. I said that a worker cooperative -- a corporation owned by the employees instead of stockholders -- sounded like a fine idea. Here is a report by Moira Herbst of The Guardian about such companies. The idea is bigger than I thought it might be, with about 10% of American workers in such companies. This article discusses some of the advantages of a cooperative, and they sound pretty good.

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