workers' cooperatives
Member-owned labor enterprises
Workers' cooperatives are businesses owned and democratically controlled by their employees rather than outside shareholders or investors.
Each worker-member typically has one vote regardless of their role or investment, and profits are shared among members rather than extracted by external owners.
The bakery operates as a workers' cooperative where everyone from bakers to cashiers has equal say in major decisions.
Also called worker cooperatives or worker-owned cooperatives.
- profit-sharingDistributing earnings among workers
- shared ownershipJoint holding of property
- democracyRule by the people
- governanceHow authority is exercised
- mutual aidCooperative community support
labor rights · social justice · employee ownership · sweat equity · skin in the game · profit motive · tax exemptions · sustainable business · common good · reinvestment · fair wages · living wage · workplace autonomy · fiduciary duties · legal protections · kibbutz · grassroots movements · bylaws
workers' cooperativessole proprietorships
Businesses with single owners
family-owned businesses · multinational corporations · conglomerates · franchises · hedge funds
workers' cooperativescorporate capitalism
Economy ruled by corporations
capitalism · laissez-faire economics · neoliberalism · plutocracy · oligarchy
workers' cooperativeswage labor
Work exchanged for payment
sweatshops · at-will employment · gig economy · company towns · indentured servitude
worker, workers, work, works, worked, working, workable, unworkable, rework