Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 20 October 2020

Abstract and Keywords

The chapter examines the implications of the key international research findings of the last two decades for our understanding of why worker co-operatives are created, the objectives pursued by founding and subsequent members and the spill-over effects of their performance for the communities in which the firms are found. The chapter argues that worker co-operatives, by providing institutions in which employees control most aspects of their job and firm strategy (including pay and employment trade-offs) internalise a number of externalities to the conventional operation of firms. They provide good, stable jobs in which employees’ potential and creativity can flourish. In addition to promoting economic democracy, worker co-operatives offer sustainable and local employment and are likely to have a number of positive effects on their communities’ economies, public finances and health.

Keywords: worker co-operatives, research findings, economic democracy, employees’ potential, local employment, sustainable employment

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.