TED-Ed: These companies with no CEO are thriving | TED-Ed

The video explores the concept of cooperatives (co-ops), using the Park Slope Food Co-op as a case study. It discusses the history of co-ops, starting with the Rochdale Pioneers, and explains the different types of co-ops, such as consumer, producer, and worker co-ops. Key principles of co-ops include joint ownership, democratic control, and a focus on serving members rather than maximizing profit. The video contrasts decision-making processes in co-ops with traditional companies, highlighting the democratic nature of co-ops. It also presents studies showing co-ops' success rates and higher worker satisfaction compared to traditional businesses.

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