Baby boomers are the largest percentage of business owners, and they鈥檙e headed toward retirement. Worker cooperatives could keep the jobs they鈥檝e created from disappearing.
As cooperative culture spreads into the tech world, Loomio is part of a new wave of entrepreneurs figuring out how to finance a more democratic, values-centered online economy.
Pictures of windmills and farmers markets are great, but they don鈥檛 capture the diversity and radicalism of the movement. So we asked readers like you for poster ideas and handed them over to two of our favorite artists.
All 143 REI stores will be closed on Black Friday. But what more can the co-op do to live up to its values and transform the conversation in the United States?
It鈥檚 a once-in-a-generation opportunity: Selling to employees can yield a better price, preserve a legacy, keep jobs and profits local鈥攁nd maybe even eradicate inequality.
For nearly 20 years, the residents of this mostly African American Greensboro community had nowhere to shop for food. They tried to attract a big-box grocery store; when that didn鈥檛 work, they started their own.
The flourishing of farmers markets and credit unions demonstrates a longing for business that serves the common good. Can it infiltrate the Amazon-dominated, Uberized Internet?
Half of small businesses don鈥檛 make it past the first five years, and owners lose everything trying to pay off the loans. The Working World lets co-ops stabilize before repayment even begins.
When Republic Windows and Doors closed down without giving workers notice, the issue drew national attention. Since then, they鈥檝e turned the factory into a worker-owned co-op鈥攚here they hold the power.
African Americans have been pioneering co-ops as an economic strategy since the days of slavery. Author Jessica Gordon Nembhard on how centuries-old models can guide our economy today.
Though the model is new and small, it holds outsize potential for the many neighborhoods whose downtowns are controlled by faraway landlords or retail chains.