Platform Cooperativism Resource Library

Summary

This report is a co-production of Democracy at Work Institute and the U.S. Federation of Worker Cooperatives

“This type of transition from top-down corporation to a democratically-run cooperative is radical in that it bucks the trend of the powerful conglomerates that one might think of when they think of American business. But it’s also a surprisingly pervasive and traditionally American way of doing business.”

The rate of new startups each year remains steady at about 25 new firms per year, while the rate of converted businesses is growing at a small pace.

At a worker cooperative, compensation is measured in terms of both wages and patronage. Patronage, the worker-owner’s portion of the profit, can make a significant difference in annual compensation.

Added October 11, 2019