3min chapter

Masters of Community with David Spinks cover image

Co-Ops Vs DAOs with Austin Robey

Masters of Community with David Spinks

CHAPTER

Cooperatives

There are lots of examples of really big collopses, like we rainbow grocery here in the big areats. But i think wer still in this kind of post cold war pay, where these models aren't even taught in business or law schools. There's at least enough data to point to businesses that are cooperatively owned being more resilient during down turns and paying employees better. They're harder to fund, we're sure, but once they're going, are incredibly resilient, strong businessis that serve great needs.

00:00
Speaker 2
So it started o goin to into this, and to dowse a little bit, there's anacto before that there are lots of examples of really big collopses, wil, rightlike, so they aren't, it isn't just a local groceries store, like we rainbow grocery here in the big areats, like one of the ones i'd think of. But r i is a big example of a large, well known coop that's like a really big, multi billion dollar company, right? Are
Speaker 1
there other colops, right? Yet is montragon. Like montragon, it's like a example that ol people point to in spain, like a billion dollar, large cooperative. Some of the examples that i think are interesting are examples of this done in a platform context. The stocksea basd in british columbia. They are a co operative platform of stock photographers that own, c own, a stock photography platform. And they, like or well established, running profitable company. There is also savy co operative, which is health care data co operative owned by patients. That's a very fascinating model to me. And yet, i mean, i also livin in brooklyn, and there's park slope food co up here, which i believe has over 30 thousand co owners. And like, you know, was particularly resilient during coved when i think there there're a lot of challenges for grocery stores. So yes, there's at least enough data to point to businesses that are cooperatively owned being more resilient during down turns in the medium and long term, being more profitable and being able to pay employees better. Bit's of fair question, like, why aren't there more of these companies? But i think wer still in this kind of post cold war pay, where these models aren't even taught in business or law schools. True. And i think that there's con like this cold war hesitancy still of like promoting ideas that even resemble like an alternative to traditional capitalism. And yet, you mean, even at the beginning of starting ampled, i went to the brooklyn public library to the business section, and wanted to check out all the books that i could on co operatives. And there was nothing. I mean, there were, there were two books in the old, old, not very helpful books, in contlic, the archives and basemet. And it just goes to show the like i the challenge. They're harder to fund, we're sure, but once they're going, are incredibly resilient, strong businessis that serve great needs. And so yet, i think a lot of the challenges are just not having more examples, or might just be like a lack of educate, ike, no mba is coming out right now, learning about co operative models as like a in actual kind of like choice, or like an option for creating inorganization. Something
Speaker 2
tells me that's going to change.

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