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cooperatives.bsky.social
Advocating for a democratic, equitable, and inclusive world through cooperatives, worker ownership, unions, mutual aid, and workplace democracy. 💜 People Above Profit ✊🏽 #EconomicDemocracy 🌲🌲 usworker.coop | ncbaclusa.coop | workers.coop | ica.coop
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Food cooperatives can create significant savings and empower communities to have more democratic control over their food systems. Instead of profits concentrating in the hands of a distant and wealthy minority, they are reinvested to make food products more affordable for the majority.

This is the face of economic authoritarianism: CEOs and shareholders having their pay inflated while thousands are laid off, contributing to dramatic increases in wealth inequality that are incompatible with democracy. Economic democracy is absolutely necessary for a more just and equitable world.

Despite being a vital service many rely on, social care often fails to reach those who need it most due to the all too prevalent focus on profit. Social cooperatives are a democratic model for care that places the needs of recipients above any notion of extreme self-enrichment.

Many claim that businesses organized as democracies are inefficient and will fail at a higher rate than the conventional undemocratic model. But according to the data, democratic businesses are significantly more resilient and survive longer than conventional businesses. #EconomicDemocracy

A study finds that shop-floor employee participation boosted productivity for establishments in Germany by an average of 28%. Businesses gained additional productivity advantages through teamwork, autonomous work groups, and less hierarchical organizational structures. #EconomicDemocracy