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=== Qualitative === | === Qualitative === | ||
== Explanations for Rarity == | |||
Despite generally offering greater rates of productivity and higher worker happiness, worker cooperatives are exceptionally rare in capitalist economies, making up less than 1% of total GDP in most capitalist countries. This apparent paradox has many explanations: | |||
== Notable Worker Cooperatives == | == Notable Worker Cooperatives == | ||
* [[Amul]] - Dairy Products | * [[Amul]] - Dairy Products | ||
* [[Edinburgh Bicycle Co-operative]] | |||
* [[Egged (Cooperative)|Egged]] - Bus Transport | * [[Egged (Cooperative)|Egged]] - Bus Transport | ||
Revision as of 14:36, 18 July 2019
Worker Cooperatives (also called Producer Cooperatives, Employee-Owned Enterprises or Labor-Managed Firms) are cooperatives which produce goods or provide services and are managed by their workers in assemblies or by elected managers. Money gained by the cooperative is reinvested to pay for the operating costs of the business (like bills, rent, taxes, licensing, materials and so on) and then is either equally distributed to workers via shares or is paid based on the amount of time worked in the cooperative.
Data
Quantitative
Qualitative
Explanations for Rarity
Despite generally offering greater rates of productivity and higher worker happiness, worker cooperatives are exceptionally rare in capitalist economies, making up less than 1% of total GDP in most capitalist countries. This apparent paradox has many explanations:
Notable Worker Cooperatives
- Amul - Dairy Products
- Edinburgh Bicycle Co-operative
- Egged - Bus Transport