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What's up with employee-owned companies/co-ops? How does it compare to a strong union? (lemmy.ml)

submitted 3 days ago by doubtingtammy@lemmy.ml to c/asklemmy@lemmy.ml

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I'm interested in leftist opinions of employee-owned companies. If that's still too broad, could you give some examples of employees buying their employer out? Or are there other ways, like with a union?

Also, what's up with King Arthur's and Bob's Red Mill?

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[-] twinnie@feddit.uk 11 points 2 days ago

I don’t know much about them but I like the idea and I’d be more inclined to use one.

We have the Co-op in the UK and it’s a household name. They run a bank and local shops but I think do more than that. They’re not employee owned though, they’re consumer owned. I’m not entirely sure what that means but I remember you used to be able to walk into a shop, pay a small amount of money, and then join. Each year you’d get a small amount of money depending on how much profit they’d made.

this post was submitted on 27 Jan 2025

146 points (99.3% liked)

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