We All Matter News Workers Taking Ownership
A growing movement of worker-owned cooperatives is reshaping the American business landscape, proving that companies controlled by their employees can be more productive, more resilient, and more equitable than traditional corporate structures.
The number of worker cooperatives in the United States has grown from 400 to over 1,200 in the past five years, driven by a new generation of workers who reject the extractive model of corporate ownership and investors who see cooperatives as a more sustainable form of capitalism.
Why Cooperatives Work
- Worker-owned firms have 50% lower turnover rates than conventional businesses
- Productivity is 4-5% higher in cooperative enterprises
- Pay ratios between highest and lowest earners average 3:1, versus 300:1 at large corporations
- Cooperatives are more likely to survive economic downturns, maintaining employment when conventional firms lay off workers
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