TED Talks Daily The case for co-ops, the invisible giant of the economy | Anu Puusa
May 12, 2021
Anu Puusa, a co-op enthusiast and researcher, advocates for cooperatives as a solution to wealth inequality and environmental challenges. She discusses how these member-owned businesses can be both profitable and beneficial to communities. Puusa highlights the democratic nature of co-ops, empowering members with equal voting rights. She explores the rich history of the cooperative movement and its positive impact, especially in Finland, demonstrating how cooperatives can drive sustainable practices and foster community well-being.
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Co-op Ownership Structure
- Cooperatives are owned by members, who are also customers and decision-makers.
- Each member has one vote, unlike traditional businesses where ownership equates to power.
Co-op Dual Roles
- Co-ops balance profit-making with social and cultural goals.
- They consider long-term impacts, benefiting members and communities.
Student's Reaction to Co-ops
- Anu Puusa's students felt a "secret solution" was hidden after learning about co-ops.
- They expressed frustration at not learning about this movement sooner.