TED Talks Daily How platform co-ops democratize work | Trebor Scholz
Oct 27, 2021
Explore the innovative world of platform cooperatives, where workers take the reins in a fairer gig economy. Hear the inspiring story of Esmeralda Flores, who finds financial stability through this empowering model. Discover how these cooperatives aim to democratize work and tackle economic inequality. With real-world examples like Up& Go, the conversation highlights the transformative potential of community-driven economic solutions. This is not just a new business model; it’s a movement towards a more equitable future.
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Esmeralda Flores and Up&Go
- Esmeralda Flores, a New York City home cleaner, earns $25/hour through a platform cooperative.
- This is double her previous wage and offers a living wage, unlike traditional gig platforms.
Platform Cooperatives: Democratizing Work
- Platform cooperatives empower workers by giving them ownership and governance.
- Workers decide wages, benefits, and customer pricing, creating a democratic workplace.
History of Co-ops
- Cooperatives, formed by people with shared needs, date back to 1844.
- Textile weavers in England created the first consumer co-op to address poverty and low wages.