California

Worker-Owned Cooperatives Can Succeed

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From the Santa Barbara Independent: The phenomenon of worker-owned cooperatives is a simple concept. Workers weigh in on the conditions that affect them most: They vote to elect their board of directors and/or managers and/or to set wages and rules around profit redistribution. They can design the business so they have no managers or serve […]

California

Berkeley Pledges Support and Funding for Worker Co-ops

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From the East Bay Express: Last week, the Cheeseboard’s longtime home committed to a new strategy for fighting economic inequality and building the local economy: city support for worker cooperatives. The Berkeley City Council voted unanimously on Fe.26 to include co-ops in the city’s small-business revolving loan fund; give co-ops, along with women- and minority-owned […]