What is a worker cooperative, and why should we care?

As we continue to forge our way into the “new normal” (another phrase we’d all like to throw into the garbage), some are putting forward the question – is doing things as we’ve always done the right way to rebuild?

The folks at Cooperation Buffalo in Buffalo, NY believe there is a better way. Their mission is to mobilize workers to achieve financial security through cooperative business ownership.

What exactly is a worker-owned cooperative? Well, just as it sounds, it’s a business that is owned, operated, and managed together by its workers – giving all folks involved an equal stake in their company, its profits, and oversight. This model is especially beneficial for historically marginalized folks because it makes wealth, professional growth and business ownership more accessible.

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