Labor-owned co-operative - Hutchinson encyclopedia article about Labor-owned co-operative Printer Friendly
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worker cooperative
(redirected from Labor-owned co-operative)

    Also found in: Wikipedia 0.07 sec.

worker cooperative

Business owned and controlled by its workers rather than outside shareholders. In some worker cooperatives each member worker has one vote at meetings, however many shares he or she owns. There are relatively few worker cooperatives in the UK; they are far more popular in Europe and Japan.
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