The Handbook of Diverse Economies
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The Handbook of Diverse Economies

Edited by J. K. Gibson-Graham and Kelly Dombroski

Economic diversity abounds in a more-than-capitalist world, from worker-recuperated cooperatives and anti-mafia social enterprises to caring labour and the work of Earth Others, from fair trade and social procurement to community land trusts, free universities and Islamic finance. The Handbook of Diverse Economies presents research that inventories economic difference as a prelude to building ethical ways of living on our dangerously degraded planet. With contributing authors from twenty countries, it presents new thinking around subjectivity and methodology as strategies for making other worlds possible.
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Chapter 3: Worker cooperatives

Maliha Safri

Abstract

Worker cooperatives are defined as productive firms that produce and sell goods and services; they are firms in which workers make important decisions about what, when, where, and how to produce. This chapter explains briefly the global spread of worker cooperatives, and then elaborates the spectrum of possibilities existing in worker cooperatives in terms of (1) governance and decision making, and (2) wage and profit determination. Worker cooperatives hold the potential for being a radically different way to sustain workers and communities, but the firms are also shaped by the conditions and markets in which they operate.

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