Abstract:Work may provide subsistence, but for most people it is a necessary evil. For communities, businesses lie at the heart of our economic system, but often come with negative externalities. This article considers whether worker cooperatives will tend to have more positive impacts on the happiness of their workers and of the community than do traditional businesses. Worker cooperatives are businesses, but they are rooted in the community. Based on the work of 19th‐century political economist William Thompson, I ex… Show more
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.