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Catalyzing worker co-ops & the solidarity economy

Cooperative Conversion and the Silver Tsunami

As workers speak up to advocate for their needs, companies accuse employees of being lazy while continuing to profit off their employees’ hard work. “The word “laziness” seems to be a buzzword vis-a-vis the phenomenon of people leaving bad work situations in search of better ones,” Akanjo writes about corporations’ attempts to deflect attention away from bad working conditions.

Such deflection is less convincing today, as the workforce is finding its voice and speaking up. Employee ownership models, such as cooperatives, allow workers’ voices to be heard and their requests acted upon. As small business owners find ways to keep their legacies alive, honor employees’ contributions to growing their companies, and develop accessible succession plans, converting to worker cooperatives is an increasingly promising option.

Read the rest at Nonprofit Quarterly


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