While the growth of cooperatives in a wide variety of industries is promising, the bar for social transformation needs to be, and has been, raised. As P2P Foundation founder Michel Bauwens said in a recent email conversation, multi-stakeholder coops are “where the action is.”
A multi-stakeholder cooperative (MSC) is, as the name implies, a coop that’s governed by two or more stakeholder groups. These groups can include workers, producers, consumers, owners, volunteers and community supporters. The brilliance of MSCs, also known as solidarity cooperatives, is that the various stakeholder groups throughout an enterprise have a shared vision that prioritizes equality, sustainability, and social justice.
Shareable connected with Bauwens to learn more about MSCs, their potential for social and ecological transformation, and why, facing the the peak of the extractive economy, rethinking how cooperatives do business is critically important.
Read the full interview at Shareable
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