Worker-owned cooperatives.

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How Boston Is Becoming the City Where Workers Rule

It’s debate watch party night at Democracy Brewing in February, and as presidential candidates take the stage to sports-star hype introductions, the politics fans at this European-style beer hall are getting rowdy, like Patriots fans when Tom Brady takes the field. The biggest cheers come from two waiters when they see Bernie Sanders—the candidate who

This Acquisition Won’t Hang Workers Out to Dry

Brett Jones plans to arrange at least sixteen acquisitions over the next five years. He just closed on the first one. Since they became widespread among private equity firms in the 1980s, acquisition strategies, including leveraged buyouts, have become a key part of the playbook leading to the demise of many iconic U.S. companies —

Who’s the boss? In worker-owned cooperatives, everyone is.

The chain of command at PV Squared, a solar panel installation company in Massachusetts’s Pioneer Valley, is admittedly convoluted.  “Technically, I’m Kim’s boss,” says general manager Jonathan Gregory of bookkeeper Kim Pinkham. But “Kim’s on the board, and the board oversees my position, so technically she’s my boss.” As members of a worker-owned cooperative, the

How employee ownership can prevent loss of beloved businesses and local jobs

As baby boomers age, the nearly 25 million jobs they have created nationwide are at risk. In Santa Clara County alone, roughly 15,000 boomer-owned businesses account for nearly 50% of private businesses that have employees, according to research by Project Equity. Only 15% will successfully pass to the second generation, and there will not be