"Worker-owned Cooperatives: these businesses can implement democratic decision-making and equitable pay scales, as well as being responsive to the needs and values of the workers, consumers, and local community. Major problems to overcome include access to capital to start such businesses, and making them competitive with private corporations." (https://www.initiativeforequality.org/index.php/2011-11-22-23-04-42/new-economic-models)
Examples of worker-owned cooperatives include :
(1) Mondragon Cooperatives in Basque communities
(2) Lavaca cooperatives in Argentina
(3) Evergreen Cooperatives in the US.