Business people will often suggest that others should think like entrepreneurs or business people. Cooperative business gives incentive for larger groups of people to do just that. Here are some supporting links that touch on the idea: The Business and Employment Cooperative (Innovation with security.) The Cooperative (in case you don't know what it is) Worker Cooperative (a type of coop) Consumer Cooperative (a type of coop) Here are some of the benefits: 1. It gets many people involved in something that is important to them (providing goods not otherwise provided, or providing it for a lower cost.) 2. It brings profits back to the members, which are many in number, meaning the economic impact is much larger than a normal business. (Wealthier individuals spend more money outside of Fargo than average individuals.) 3. It corrects uncompetitive markets, because that's where people will be interested in starting businesses. If something is too expensive or not available locally, then there is an opportunity. 4. Profits don't have to be as large because an owner isn't living off of the wealth produced, which means a potentially better deal for the employees and consumers. 5. Decisions are made by members, which means customer service quality is built in to the model. 6. Risk is much lower, because each individual only provides a small portion of the capital. Some Co-ops start with as little as $100 from each member. More to come...
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