The Worker Owned Cooperative Model as a Template for Social Change
A worker cooperative is a business that is owned, managed, and governed by its employees. In more contemporary models, employees participate in the oversight, direction, and profits of the business in a democratic manner. These practices are driven by a set of shared principles. They include; voluntary and open membership; democratic control; economic participation; autonomy and independence, as well as education and training. Cooperation among cooperatives, and concern for community are also integral components to these values. At Earth Designs Cooperative we are committed to being the forerunners of this movement in the Hudson Valley.
Currently, EDC’s Board of Directors is composed of 5 worker-owners and one Independent Director. The Board of Directors, elected by the worker owners, oversees the management team who, in turn, oversees the daily work flow. All major cultural and financial decisions are voted on by the worker-owner community as a whole. Each owner holds an equal share in the company and all voting rights and profit sharing are equally dispersed.