Worker Cooperative: Difference between revisions
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= | ===Definitions=== | ||
A worker cooperative is a cooperative owned and democratically controlled by its worker-owners. This control may be exercised in a number of ways. In "pure" forms of worker co-operative, all shares are held by the workforce with no outside or consumer owners, and each member has one voting share. In practice, control by worker-owners may be exercised through individual, collective or majority ownership by the workforce, or the retention of individual, collective or majority voting rights (exercised on a one-member one-vote basis). A worker cooperative, therefore, has the characteristic that the majority of its workforce own shares, and the majority of shares are owned by the workforce. | A worker cooperative is a cooperative owned and democratically controlled by its worker-owners. This control may be exercised in a number of ways. In "pure" forms of worker co-operative, all shares are held by the workforce with no outside or consumer owners, and each member has one voting share. In practice, control by worker-owners may be exercised through individual, collective or majority ownership by the workforce, or the retention of individual, collective or majority voting rights (exercised on a one-member one-vote basis). A worker cooperative, therefore, has the characteristic that the majority of its workforce own shares, and the majority of shares are owned by the workforce. From Wikipedia[http://en.wikipedia.org/wiki/Worker_cooperative] | ||
From JASecon: "Worker Cooperatives and Collectives are enterprises democratically controlled by their members. Structured in many different ways they are united by the principle of member control based on the co-op principle of “one member, one vote." Some adopt a consensus decision-making structure." | From JASecon: "Worker Cooperatives and Collectives are enterprises democratically controlled by their members. Structured in many different ways they are united by the principle of member control based on the co-op principle of “one member, one vote." Some adopt a consensus decision-making structure." | ||
(http://jasecon.wik.is/index.php?title=Production/Worker_Cooperatives_%26_Collectives) | (http://jasecon.wik.is/index.php?title=Production/Worker_Cooperatives_%26_Collectives) | ||
=Governance= | ====Governance==== | ||
*Uk Cooperatives [http://www.cooperatives-uk.coop/Home/miniwebs/miniwebsA-z/workerCo-operatives/theCode Workers' Cooperative Governance Principles] | *Uk Cooperatives [http://www.cooperatives-uk.coop/Home/miniwebs/miniwebsA-z/workerCo-operatives/theCode Workers' Cooperative Governance Principles] | ||
=Internal Links= | ====Internal Links==== | ||
*[[Cooperatives]] | *[[Cooperatives]] | ||
Revision as of 17:08, 15 July 2010
Definitions
A worker cooperative is a cooperative owned and democratically controlled by its worker-owners. This control may be exercised in a number of ways. In "pure" forms of worker co-operative, all shares are held by the workforce with no outside or consumer owners, and each member has one voting share. In practice, control by worker-owners may be exercised through individual, collective or majority ownership by the workforce, or the retention of individual, collective or majority voting rights (exercised on a one-member one-vote basis). A worker cooperative, therefore, has the characteristic that the majority of its workforce own shares, and the majority of shares are owned by the workforce. From Wikipedia[1]
From JASecon: "Worker Cooperatives and Collectives are enterprises democratically controlled by their members. Structured in many different ways they are united by the principle of member control based on the co-op principle of “one member, one vote." Some adopt a consensus decision-making structure." (http://jasecon.wik.is/index.php?title=Production/Worker_Cooperatives_%26_Collectives)
Governance
- Uk Cooperatives Workers' Cooperative Governance Principles