The Year Of The Co-op: New Survey Reveals Americans View Co-ops More Favorably Than For-Profit Businesses
Originally published at AlterPolitics
On October 31, 2011, the United Nations proclaimed 2012 to be “The International Year of Cooperatives (IYC).” The world body uses this annual designation to help bring attention to what it believes are some of the world’s most critical issues. On its IYC website, it praises the cooperative model for its contributions towards ending world poverty, and encourages more groups to embrace this “alternative means of doing business.”
Co-ops benefit communities around the globe by offering employees a living wage with favorable working conditions, and by promoting social integration and sound environmental policies.
Co-ops have recently enjoyed something of a resurgence in the U.S. as its economy has continued to sputter. Worker pay has remained on the decline for decades, and a corporate hijacking of U.S. democracy has left the public distrustful of the 1% who appear to be living large off the pain, suffering and disempowerment of the 99%.
‘Social injustice’ has become the buzzword to define America’s new economic reality.
In just the last few years, Americans have watched in horror as laissez faire Capitalism wreaked havoc, with impunity, on their communities. From Wall Street corruption bringing the entire financial system to its knees, and those responsible profiting from the calamity they engineered, to BP & Halliburton’s gross negligence resulting in 200 million gallons of oil pouring into the Gulf, and creating a catastrophe so severe that two full years later the sea life there can only be described as “horribly mutated creatures.”