Written by the team at the TESA Collective:

Cooperatives are businesses and organizations democratically owned and managed by the people they serve. They come in many shapes and sizes: from a handful of people to thousands upon thousands of members. Some are owned and run by workers, others are owned and governed by consumers, still others are for producers (like farmers and artists). But no matter what, cooperatives always have the same foundation: one member, one share, one vote.

Read their article at Truthout.