An alternative banking option
Caroline Hossein, an expert in business and economics, on why she says commercial bank culture will be hard to change — and where Canadians could turn instead.
Caroline Hossein, an expert in business and economics, on why she says commercial bank culture will be hard to change — and where Canadians could turn instead.
As Courtney Berner of the Center for Cooperatives wrote in NPQ earlier this year, between 2016 and 2019, 47 percent of new co-ops formed in the US were worker co-ops.
Vermont’s worker co-ops span nearly every industry, from dining (Montpelier’s Woodbelly Pizza) to computer repair (Randolph’s Vermont Computing Cooperative), healthcare (PT360, a physical therapy clinic in Williston), and construction (Montpelier Construction, and Burlington’s Red House, TimberHomes Vermont, and New FrameWorks). The largest, by headcount, is the New School of Montpelier, whose staff of more than 60 serves students with disabilities, referred by public schools.
The first Banker Ladies Council was held on the 22nd of April 2022 in Toronto, Canada, by Women cooperators who put together self-managed informal cooperatives commonly known as Rotating Savings and Credit Associations –ROSCAs for short. These women cooperators in charge of organizing ROSCAs call themselves the Banker Ladies. This meeting was convened because the women want ROSCAs to be recognized in Canadian society as a form of mutual aid and cooperative institution so that we can end the harms and stigmas against those who use these systems.
Being part of a Fairtrade-certified producer organisation can improve farmers’ economic resilience, social wellbeing and environmental sustainability, according to a new study commissioned by Fairtrade Germany and Fairtrade Austria.
There are several drivers of high turnover including low wages, unpredictable scheduling, and limited career advancement. Many are also leaving the industry due to poor supervision, minimal benefits, and heavy workloads.
Two years ago, alongside nine fellow immigrants, Aguilar launched the Washington Heights franchise of Brightly — an eco-friendly cleaning company structured as both a franchise and a worker-owned cooperative.
Mike Strode, a program officer with the Open Collective, is a writer, cyclist, IT consultant, facilitator, and solidarity economy organizer residing in southeast Chicago whose community engagement work has included ride leadership with the Chicago chapter of Red, Bike & Green; editorial and archival oversight for Fultonia; and co-facilitation of Cooperation for Liberation Study & Working Group. He is founding coordinator of the Kola Nut Collaborative, a time-based service and skills trading platform which promotes timebanking throughout Chicago.
Hear Ted Rau share how sociocracy brings an incredible opportunity to cooperative groups to embody higher levels of inclusivity through their governance.
At the beginning of this episode, we get a unique opportunity to hear Ted’s story of transitioning in community with children, as a transgender man.
Listen to the episode at Foundation for Intentional Community
We have titled this series, “Narratives to Build Collective Economic Power,” but can narratives actually do that? At Common Future, we believe they can—and must. In this series, we feature five community wealth builders from our network who share their stories and the beliefs underpinning their models—stories that emphasize collective power, community trust, and reparative investment.
Unlike most commercial investment opportunities, Neighborhood Crowdfunding models are available to community members with lower incomes or net worth (nonaccredited investors) who do not typically profit from real estate development or small business finance. Some projects go beyond inviting residents to participate in the project’s financing and also invite them to function in a governing role.