In a world where corporations are often preoccupied with share buybacks and lobbying, it is easy to feel hopeless. As consumers, we are constantly trapped in an exploitative and manipulative system that sucks out every last penny it could at the expense of ours and the planet's wellbeing. We want to change the system, but where do we even begin?
Perhaps, the cooperative (co-op) model could be one path forward. Most of us have a vague idea of what a co-op is, yet it is not always thought of as a ground for progressive innovation. As explained in this post, cooperatives focus on long-term community interests, give equal voices to all stakeholders, and are inherently more transparent -- all of which are vital to sustainability. Imagine if we started more green co-ops. Instead of waiting for profit maximising corporations to fulfil their ESG responsibilities, we take charge, and build an ecosystem of community-owned businesses that work for, not at the expense of the people.
I still need to read up a lot more to truly understand the movement. All I know now is, if I were to ever start a business, it will be community-owned.
Here are some resources I found helpful:
- Esteban Kelly, "Why transforming the economy begins and ends with cooperation"
- Forbes interview with REI CEO, “Jerry Stritzke: How He Leads REI, A Purpose-Driven Organization”
- Fast Company, “The Argument For Worker-Owned Tech Collectives”
- Sustainable Solutions Group, “A Co-operative Solution to Climate Change”
- Community Wealth's co-op section and toolbox.
