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American Dream 2.0: Can Worker-Owned Coops End Poverty?

March 24, 20120 Comments

[This article originally appeared here on Rebuild the Dream]

Member-Owners of the Mondragon Cooperative Corporation. Photo by Comercio y Justicia.

This month, Rebuild the Dream is taking a look at a few of the amazing ways people in our communities are coming together to create local economies that empower the 99%.

We call these initiatives the American Dream 2.0 because they are providing a totally revamped way to look at our values as a nation as well as our role in creating the world we want to live in.

In part 2 of the American Dream 2.0 series, we take a closer look at worker-owned cooperatives — businesses owned and operated by the workers. While there are several models for ownership and management of worker cooperatives, the essential question is whether they can prove to be a viable solution to joblessness and economic disparity.

It’s not so far-fetched. In fact, it’s already happened….

Read the complete article >

 

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