Worker Cooperatives

Reducing Economic Inequality through Democratic Worker-Ownership

Shannon Rieger

Amongst developed nations, the U.S. is a leader in unequal income distribution. But according to a recent Century Foundation report on the role of worker-ownership models, this is a trend that can be changed. The author examines how a cohesive national regulatory framework, national tax incentives, a U.S. employee ownership bank, and increased support for employee-ownership technical assistance centers can bolster U.S. worker-buyout policy. In aligning regulatory, technical, and financial support for worker-cooperatives, the United States can bring scale to this key economic equalizer. 

Converting businesses to worker cooperatives—real world lessons learned

A recording of our 5/28 webinar on converting businesses to worker cooperatives, organized to highlight the lessons learned in Project Equity's new report Business Conversions to Worker Cooperatives: Insights and Readiness Factors for Owners and Employees.  Featuring: Read more about Converting businesses to worker cooperatives—real world lessons learned...

Hilary Abell talks with Laura Flanders about scaling worker cooperatives

Hilary Abell, author of the Democracy Collaborative report "Worker Cooperatives: Pathways to Scale", talks with Grit TV's Laura Flanders about the policies and best practices that can help grow the worker cooperative sector in the United States. Read more about Hilary Abell talks with Laura Flanders about scaling worker cooperatives...

Hilary Abell and Kali Akuno talk with The Real News about scaling worker cooperatives

Hilary Abell, author of our new report Worker Cooperatives: Pathways to Scale, talks to the Real News Network about NYC's $1.2 million investment in workplace democracy. Read more about Hilary Abell and Kali Akuno talk with The Real News about scaling worker cooperatives...

City governments building community wealth and cooperative local economies

Exciting news from Jacksonville, Florida, New York City, Austin, Texas and Richmond, Virginia

The past few weeks have seen a flurry of impressive activity at the level of city government, all around policies designed to build community wealth and encourage the growth of cooperative local economies. It's encouraging to see that the work of grassroots developers, local foundations, community activists, and field builders (like ourselves here at the Democracy Collaborative) is beginning to gain a foothold in the world of municipal policy. Read more about City governments building community wealth and cooperative local economies ...

Will Co-ops Spark a New Civil Rights Movement?

Jackson Rising conference brings together social justice and cooperative activists

While the words “co-op” and “civil rights” do not commonly appear in the same sentence, with more than 300 cooperative and social justice activists gathered in Jackson, Mississippi, last weekend, the question was hard to avoid.

Employee Ownership: A Triple Win Solution

Democracy at Work Institute

This one-pager from the Democracy at Work Institute and the National Urban League provides a succinct summary of the benefits that employee ownership provides to employees, businesses, and local economies. Noting that the number of minority-owned businesses is increasing but that many of these businesses lack a succession plan, the info sheet highlights the opportunity to help these businesses convert to employee ownership to retain jobs and stabilize communities.

Working Together Fiscal Year 2017

Gregg Bishop and Micharl Owh

The city government of New York recently released the third annual assessment of New York City’s Worker Cooperative Business Development Initiative, which works to incubate new worker-owned enterprises and provides assistance to convert existing businesses to worker ownership.  In 2017, the initiative helped launch 36 new cooperatives and facilitated 185 new hires. The report also details the technical assistance provided to existing businesses and provides a business directory.

Legacy Business: Our opportunity to build wealth, economy, and culture

National Urban League, Democracy at Work Institute and Citi Community Development

This new report from the National Urban League, the Democracy at Work Institute, and Citi Community Development discusses converting businesses to employee ownership as a critical strategy to sustain and scale black-owned or operated firms. Drawing from survey results and stakeholder convenings, the report highlights shared challenges and opportunities and found that an estimated 284,000 business owners of color are nearing retirement and that employee ownership conversion could help address challenges around access to capital and succession.

Workers to Owners: 2017 Annual Impact Report

Democracy at Work Institute

Published by the Democracy at Work Institute, this new report discusses the accomplishments of the first year of the Workers to Owners Collaborative, launched in 2016 to catalyze business conversions to cooperative ownership. Participating organizations collectively created 215 opportunities for new worker-owners and facilitated the transfer of over $8 million in business assets from retiring owners to employees.

Worker-Owned and Run Cooperative Network of Greater Boston (WORC’N)

Founded in 2002 to facilitate connections between existing co-ops, educate the public about the cooperative model, and encourage the creation of new worker-owned co-ops, the Worker-Owned and Run Cooperative Network of Greater Boston (WORC’N) is a network of worker-owned cooperatives, co-op developers, and those seeking to start new worker cooperatives.  The group now regularly runs Co-op 101 workshops, Peer Resource Groups, and social events.