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Worker cooperatives

In: The Handbook of Diverse Economies

Author

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  • Maliha Safri

Abstract

Worker cooperatives are defined as productive firms that produce and sell goods and services; they are firms in which workers make important decisions about what, when, where, and how to produce. This chapter explains briefly the global spread of worker cooperatives, and then elaborates the spectrum of possibilities existing in worker cooperatives in terms of (1) governance and decision making, and (2) wage and profit determination. Worker cooperatives hold the potential for being a radically different way to sustain workers and communities, but the firms are also shaped by the conditions and markets in which they operate.

Suggested Citation

  • Maliha Safri, 2020. "Worker cooperatives," Chapters, in: J. K. Gibson-Graham & Kelly Dombroski (ed.), The Handbook of Diverse Economies, chapter 3, pages 40-47, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18372_3
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