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Worker cooperatives


Worker cooperatives are a real utopia that emerged alongside the development of capitalism. Three important emancipatory ideals are equality, democracy, and solidarity. All of these are obstructed in capitalist firms, where power is concentrated in the hands of owners and their surrogates, internal resources and opportunities are distributed in a grossly unequal manner, and competition continually undermines solidarity.

How to Be an Anticapitalist Today , Erik Olin Wright

0.1 TODO Need to look up Wright's idea of a real utopia again

In a worker-owned cooperative, all of the assets of the firms are jointly owned by the employees themselves, who also govern the firm in a one-person-one-vote, democratic manner. In a small cooperative, this democratic governance can be organized in the form of general assemblies of all members; in larger cooperatives the workers elect boards of directors to oversee the firm.

They may also embody more capitalistic features: they may, for example, hire temporary workers or be inhospitable to potential members of particular ethnic or racial groups. Cooperatives, therefore, often embody quite contradictory values.

How to Be an Anticapitalist Today , Erik Olin Wright

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