Cooperative Ownership: A Covid Recovery Strategy

Greater community control over local economies can help to stave off the predators that—as we learned during the 2008 crisis—start to circle the most marginalized populations when disaster strikes. Co-ownership can also encourage neighbors to start buying at local businesses again, even when it might be easier to stay home and order from Amazon.

Enabling employees to co-own their workplaces could have similar effects—inviting workers into a full partnership in the challenges and sacrifices that the current moment may require. Studies suggest that transitioning to full or partial employee ownership improves workers’ productivity and resilience.

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