Disaster Socialism in Italy: Worker Cooperatives are Rising and Reliable

The Italian government and legislature have been supportive of workers taking over failed businesses. But this doesn’t necessarily mean they turn into worker coops. However, interest in worker coops are growing, especially in the light of the economic crash of 2008 and the current pandemic. For example, employment in worker coops has risen 8% between 2007 and 2011. During the COVID crisis, 87% of the coops that started have survived the first three years. This is almost double the rate of 48% of the rest of Italian businesses.
Read in GEO Coop

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