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| − | + | A '''[[cooperative conglomerate]]''', also known as a '''super-mutual''' in the United Kingdom, is a conglomerate of various [[cooperative]]s, often from more than one industry. These mutualized companies, often [[worker cooperative]]s, may join together under a larger cooperative governance for the stability and flexibility of the workforce; under such setups, as in the commonplace corporate conglomerates, workers will enjoy a larger social safety net for their skills and welfare in the larger cooperative if their jobs in one subsidiary co-op are made redundant, and can be easily transferred to other subsidiaries, while still retaining their rights and liberties as equal shareholders in the larger cooperative. | |
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Revision as of 18:14, 2 August 2009
A cooperative conglomerate, also known as a super-mutual in the United Kingdom, is a conglomerate of various cooperatives, often from more than one industry. These mutualized companies, often worker cooperatives, may join together under a larger cooperative governance for the stability and flexibility of the workforce; under such setups, as in the commonplace corporate conglomerates, workers will enjoy a larger social safety net for their skills and welfare in the larger cooperative if their jobs in one subsidiary co-op are made redundant, and can be easily transferred to other subsidiaries, while still retaining their rights and liberties as equal shareholders in the larger cooperative.
