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Worker Cooperatives

Webinar: Building Community Wealth with Green Stormwater Infrastructure—Stories from the Field

April 29th, 2019

Hosted by: Green Infrastructure Leadership Exchange, The Summit Foundation, and The Democracy Collaborative

Register now

Creating climate resilient cities means more than investing in infrastructure—it means tackling economic and racial inequality that leaves disinvested communities on the frontlines of climate damage. In this webinar, we explore how building green stormwater infrastructure (harnessing nature's innate ability to manage runoff), can be a key intervention point for also building community wealth, creating a vibrant economic system where democratic ownership and control creates more equitable outcomes.

Read more about Webinar: Building Community Wealth with Green Stormwater Infrastructure—Stories from the Field...

City governments building community wealth and cooperative local economies

Exciting news from Jacksonville, Florida, New York City, Austin, Texas and Richmond, Virginia

The past few weeks have seen a flurry of impressive activity at the level of city government, all around policies designed to build community wealth and encourage the growth of cooperative local economies. It's encouraging to see that the work of grassroots developers, local foundations, community activists, and field builders (like ourselves here at the Democracy Collaborative) is beginning to gain a foothold in the world of municipal policy. Read more about City governments building community wealth and cooperative local economies ...

Right To Own: A Policy Framework to Catalyze Worker Ownership Transitions

Peter Gowan

Our new report explores the "right to own"—giving workers the right of first refusal anytime their workplace is up for sale—as a strategy to massively scale up employee ownership in the economy. We outline the major provisions and legal changes necessary to enact this right, and the ecosystem of support and financing necessary to make it truly operative for workers.

Berkeley Pledges Support and Funding for Worker Co-ops

Jean Tepperman
East Bay Express

Berkeley and the greater Bay Area demonstrate growing support for worker cooperatives. 

A report by the Democracy Collaborative, a national organization promoting worker cooperatives, cites studies finding that worker-owned businesses had higher productivity and efficiency and lower worker turnover than conventional businesses, and were only one-third as likely to fail.

A Boost for the Worker-Owned Economy

Frank Korten
YES! Magazine

As small-business owners retire, their employees may lose their jobs. New legislation, though, encourages that retiring small-business owners sell to their employees in the form of ESOPs or cooperatives. As Marjorie Kelly, Executive Vice-President and Senior Fellow at the Democracy Collaborative points out, many business owners would prefer to ensure that their employees remain secure. 

New Cleveland Fund Will Acquire Businesses and Sell Them Back to Workers

Zoe Sullivan
Next City

The Fund for Employee Ownership, funded by the Democracy Collaborative, is jumpstarting employee ownership for employees of the Evergreen Cooperative. 

Typically it can take many months, even a year or more, to train employees before they’re prepared to purchase a business from its existing owner. The Fund offers to buy-out owners when they’re ready to sell or retire, and then get to the hard work of converting to employee ownership.

“We’re excited about the opportunity to accelerate that process of developing more employee-owners,” Rose says.

 

What a Society Designed for Well-Being Looks Like

Tabita Green
Yes! Magazine

Tabita Green writes, for Yes! Magazine, "What a Society Designed for Well-Being Looks Like."  Green highlights the dozens of strategize to democratize wealth on the Community Wealth website: 


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The worker cooperative is one of several ways to democratize wealth and create economic justice. The Democracy Collaborative lists dozens of strategies and models to bring wealth back to the people on the website community-wealth.org. The list includes municipal enterprise, community land trusts, reclaiming the commons, impact investing, and local food systems. All these pieces of the new economy puzzle play a role in contributing to economic justice, which is inextricably intertwined with mental and emotional well-being."

Read more at Yes! Magazine

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