Inštitut za ekonomsko demokracijo

CO-OPs are withstanding the covid-19 crisis

“The swift and brutal way that the novel coronavirus has wreaked havoc on the local food scene is well documented at this point, as restaurants across the Bay Area have laid off thousands of workers — in many cases almost immediately after the six-county shelter-in-place order was announced early last week. There is, however, at least one category of food businesses in the Bay Area that largely has not had to deal with layoffs: restaurants, bakeries, and grocery stores that are owned and cooperatively run by the workers themselves. At a time when the entire restaurant industry — and, perhaps, capitalism itself — feels more broken than ever, it’s tempting to view the worker-collective model as a kind of antidote to these economically fraught times. Are these co-ops, where no single boss or board of investors has the power to scuttle dozens of jobs, somehow better equipped to weather the COVID-19 crisis?” Read more at: CO-OPs covid-19

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