Aside from championing equality, it seems that co-ops can also make people happier. A recent post over at Co-operative News rounded up seven reasons why co-operatives promote happiness:
- You're the boss – you have a vote in how the business is managed
- More job security – instead of layoffs, co-operators more often opt for across the board wage cuts
- Increased job satisfaction through collective decision making
- Collective management – everyone can be the boss
- Independence from investors – profits and decisions stay within the enterprise
- Cooperation is good for us emotionally
- Purpose – coops are underpinned by seven basic principles of cooperation which give workers a sense of purpose
See more on the seven reasons here including links to research backing up the points.
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