Cooperatives should be an integral part of rebuilding our economy
Wed, May 20, 2020
The world economy is not in good health. Despite the implementation and further proposals for some of the largest collective fiscal stimulus measures in history, a partial recovery in 2021 is the best that can be expected. Now is a time to act, but it also a time to reflect on how we organise our economy and to find new ways to structure our economic activity. Given the distress that many businesses now face and the increase in savings by individuals the Green Party believe that the cooperative business model could and should provide a core part of our rebuilding efforts post Covid-19. This model of community based economic organisations ensures our business community is guided by the principles of economic democracy and that they are rooted in the interests of their locality. They offer not just a new source of financing for Irish businesses, but will help us build a better, more environmentally conscious, more equitable society.
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