Worker Cooperative

From P2P Foundation
Revision as of 06:18, 30 July 2010 by GoodRollin (talk | contribs)
Jump to navigation Jump to search

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." [1]
  • "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." [2]

Governance

References

Internal Links

External Links