Corporations make money for people who do not work at the company, and do not work for the company. The people who pull in the profits are shareholders-- outside investors who own shares in that company. At a corporation, workers are paid a fraction of the value of their labor.
Co-operatives make money for the people who work directly in that store, at that company. There are no outsiders who pump the profits away from the workers. At a co-op, workers are paid close to the full value of their labor.
In corporations, shareholders hand down decisions from above. People who work at the corporation do not have a say in what decisions are made. If the decisions negatively affect the workers, the workers have no way to make things better for themselves unless they're in a union.
In a co-operative, workers vote on decisions that affect them directly. People who work at the co-op have an intimate say in what decisions are made. If the decisions negatively affect the workers, they are able to have their voices heard, and make positive changes.
e-sea1 t1_ixrwnme wrote
Corporations make money for people who do not work at the company, and do not work for the company. The people who pull in the profits are shareholders-- outside investors who own shares in that company. At a corporation, workers are paid a fraction of the value of their labor.
Co-operatives make money for the people who work directly in that store, at that company. There are no outsiders who pump the profits away from the workers. At a co-op, workers are paid close to the full value of their labor.