For Tere and hundreds of other striving workers in the low-wage sectors, worker-owned cooperatives offer a pathway to economic equality. An empowering business model, worker co-ops enable collaborative entrepreneurship, thereby minimizing individual risk and promoting a shared culture of productivity, skill building and democratic decision making. They have the potential to revive communities by creating a stable economic base and create a rising class of worker-owners with a vested interest in success. Rooted in the tenets of cooperation—which has deep roots in the United States—with a boost from the philanthropic sector and government investment, they are an effective and progressive strategy for building a more just economy, especially for women of color.
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