Economy: Economic News, Policy & Analysis - The Washington Post: Could worker-owned co-ops help jumpstart the economy?

Economy: Economic News, Policy & Analysis - The Washington Post Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.

Could worker-owned co-ops help jumpstart the economy? May 26th 2012, 13:00 The recession dealt a particularly hard blow to California--one of the worst victims of the housing crisis and the poster child for state budget dysfunction. But tough times have also forced some California towns to find creative ways to get back on their feet. In Richmond, for example, unemployment reached 19 percent at the height of the recession. It's only dropped three points since then, as businesses everywhere are still nervous about hiring. So, Richmond's Green Party mayor, Gayle McLaughlin, is trying out a new employment strategy: worker-owned co-ops. Fast Company explains: Read full article >>

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