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Catalyzing worker co-ops & the solidarity economy

Health Care Workers Forming Cooperatives

The Wales Co-operative Centre has the backing of the Welsh Government to create more organisations like this as part of its Care to Co-operate programme.

Derek Walker, chief executive of the Wales Co-operative Centre, said: "Social co-operatives aren't a silver bullet to the big pressures facing budgets.

"But they can play a role in a number of ways. They take the private profit out of the business - rather than going to distant shareholders they go back into the business.

"Also, there is access to financial support which might not be available to a private business."

Read the rest at BBC News

 

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