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When homecare workers at Cooperative Homecare Associates in the Bronx ran short of masks in the early days of the Covid pandemic, the worker-owners of Opportunity Threads in Morganton, North Carolina stepped up, retooling to make PPE for New York caregivers. Collaboration and democratic decision making is just part of how worker owned businesses, or co-ops, fared better than other companies during the pandemic. By and large they survived, even thrived, and today they’re less likely to experience the labor shortages many businesses face as the economy reopens. “That’s no coincidence,” say Laura’s guests for this episode. Worker owned co-ops have long provided people the opportunity to create more just, resilient, and inclusive workplaces. To kick off International Co-op month, we hear from a journalist who’s been covering this story, a law professor who advises co-ops, and one of the worker-owners of ChiFresh Kitchen, a Chicago-based co-op owned and operated mostly by formerly incarcerated women. Started during Covid, ChiFresh Kitchen continues to distribute tens of thousands of healthy meals a day to people who need them, and provide living wages to workers who are shut out elsewhere. All that plus Laura on two very different businesses in Chicago: El Milagro Tortilla and the New Era Windows cooperative. Music in the Middle: “Self Love” by Joe Armon-Jones featuring Obongjayar from his album Turn to Clear View released on Brownswood Recordings.

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Philip Ordway | Intelligent Investing