Could a cooperative market economy, in which firms are owned and controlled by their workers, be a viable and efficient alternative to capitalism?
Understand what you need to succeed in this course and determine if it's the right fit for your learning goals
What you need before starting this Economic Democracy: The Cooperative Alternative course:
Beginner-Friendly Course!
This course is designed for absolute beginners. No prior knowledge needed.
This course is perfect for:
Everything you need to know about this online course, from duration to certification
What would happen if workers ran their own businesses? Would worker-managed firms make the same decisions as their capitalist counterparts? Could such an economy be efficient? What policies could be deployed to promote a cooperative sector? This course will focus on these central questions as we discuss the internal impact of employee ownership; productivity, governance and management, as well as the external impact of employee ownership; spillovers for health, democracy, and the local economy. We will also discuss the simple economic theory of the labour-managed firm. Cooperatives have many attractive features, including high productivity. But they account for a relatively small proportion of GDP in most economies. We analyse possible reasons for this apparent paradox. There is widespread interest around the world in cooperatives as an alternative to the capitalist corporation, particularly since the financial crash of 2008. Economics and other social sciences sharpen the debate on cooperatives. After taking this course, you will be better prepared to participate in public discussion on cooperatives, join a cooperative, or even start a new one. This course was created in collaboration with the following institutions:
Difficulty Level
Introductory
Suitable for motivated learners
Subject Category
Economics & Finance, Social Sciences
Part of our Economics & Finance, Social Sciences curriculum
Course Language
English
All materials in English
This online course offers comprehensive training with expert instruction, practical exercises, and a certificate of completion. Join thousands of students advancing their careers through quality online education.
Budget-Friendly Course
Typically around $49
Pricing may vary. Check the course provider for current promotions and exact pricing.
Economic Democracy: The Cooperative Alternative isn't for you? Don't worry, explore these courses and advance your skills or learn something totally new.
