Although I like the ideology of employees owning the company, this is not always practical, especially in the modern world where cooperatives have to compete in a tough free market environment. If cooperatives want to attract investment and be able to compete against mainstream businesses then they need to adapt.
Some confusion and cynicism continues to surround David Cameron’s vision of the Big Society, but the aspiration for active and engaged citizens taking responsibility for their communities is an important one, which ought not be lost in the debate.