As Sarah van Gelder pointed out recently, 2014 research by the Pew Center found that 78 percent of Americans believe that too much power is concentrated in the hands of a few huge companies. More than half—62 percent—believe our current economic system is rigged in favor of those with the most power.
That belief, backed by the reality of gaping inequality and downward pressure on most Americans’ wealth and wages has led many people to look for ways, not only to ameliorate the pain and pressures of business-as-usual, but to find new ways of doing business. Worker-owned cooperatives, where workers are offered a share in the company and a say in decision-making, are one way to make the workplace more democratic. The most successful cooperatives have a good record of reducing inequality and building local assets, but co-ops aren’t easy, and they aren’t for everybody.