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Austin Council Votes to Boost Worker Cooperatives

Read at Next City:

As policymakers around the U.S. continue to consider how to support entrepreneurship in ways that generate widely shared wealth across all lines of race, class and gender, many have been eyeing worker cooperatives. In late March, Austin City Council passed a cooperative business ordinance, which primarily supports the idea of worker cooperatives — businesses that are owned and democratically controlled by workers — as a key part of the city’s economic development strategy moving forward.