Collective Courage: A History of African American Cooperative Economic Thought and Practice
updated 18h ago
Collective Courage: A History of African American Cooperative Economic Thought and Practice
Collective Courage: A History of African American Cooperative Economic Thought and Practice By Jessica Gordon Nembhard
Austin Robey added
- Co-ops often emerge as an attempt to respond to market failures and exploitative economic systems. They are designed to bring benefits to their members: good jobs, dignity, and collective agency. Because co-ops are motivated by serving members’ needs, rather than profit, they are often guided by racial and economic justice missions. There aren’t an... See more
from What Co-ops and DAOs Can Learn From Each Other by Austin Robey
Alex Wittenberg added
- Worker co-ops or companies that are owned by employees is not a new concept. In fact, during the Great Depression, farmers who were struggling to access energy resources because investor-owned utilities were not interested in serving rural areas, set up electrical cooperatives that they collectively owned. That said, despite demonstrated benefits l... See more
from Grounded Takeover: The Empowered Economy by Jomayra Herrera
sari added
The cooperative model has historically enabled activities that many DAOs pursue, such as gathering capital from participants who are not wealthy investors, enabling them to hold meaningful governance rights, and distributing rewards fairly.
from Governable Spaces: Democratic Design for Online Life by Nathan Schneider
the legacy of cooperative business, which blends person-centric governance (one member, one vote) with market-based incentives (patronage dividends in proportion to participation).
from Governable Spaces: Democratic Design for Online Life by Nathan Schneider
- Taking a more collective-first approach could provide greater financial opportunities and stability, but the toolset is thin.
from On Multiplayer Fintech by Braid
sari added
- growing inequality; perpetuated the racial wealth-gap;
from From shareholder primacy to stakeholder capitalism by Holly Ensign-Barstow
sari added