Coops provide one-fifth more jobs than multinational corporations


"The power of the dominant scarcity frame allows for only one economic model, blinding most of us from realizing there are, worldwide, there are probably more members of cooperatives than owners of shares in publicly traded companies. And coops provide one-fifth more jobs than do multinational corporations."

The logic of this estimate: The International Cooperative Alliance reports 800 million cooperative members worldwide. Then consider that the combined population of the EU and North America is not much greater than this number, and assume that no more than half of the people in these two regions likely own corporate shares, then -- even if, additionally, there are several hundred million shareholders of publicly trade companies in the rest of the world -- the total is likely still less than 800 million.

#employmentrate #cooperative #corporation