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How the cooperative work structure is making a comeback to democratize labor

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The first, the WORK (“Worker Ownership, Readiness and Knowledge”) Act, would direct more than $45 million in funding to state-level employee ownership centers, aimed at providing training and technical assistance to current and prospective worker-owners. A second piece of legislation would establish something called the U.S. Employee Ownership Bank, via $500 million in funds for low-interest rate loans and financial assistance for workers who want to buy out the business

As democratic enterprises, coops are more than one piece of an economic development model. They give workers more control over their work environment, and their capacity for democratic participation in the wider world is enriched.

Bringing democratic decision-making into the core organization of enterprises provides the best chance for a less unequal initial distribution of income than is now common in most societies. Transition to an economy where many enterprises were organized as WSDEs would likely proceed further in reducing income inequality.