The Lockdowns last March nearly spelled doom for Joe Squared, a pizzeria and music venue in Baltimore’s arts district. The popular eatery already had some outstanding debts from a recent expansion; all of a sudden it had to curtail its hours and shut its dining room. General Manager Okan ArabacioÄŸlu recalls frantically trying to make the numbers work with owner Joe Edwardsen, but they decided they couldn’t sacrifice the quality of the coal-fired pizza or the living wage they paid employees. “So at that point,” ArabacioÄŸlu says, “we were like, let’s wrap it up.” Joe’s closed its doors for the next nine months.
The two men continued to brainstorm about what to do next. Edwardsen was considering getting out of the restaurant industry to spend more time with his family. Joe’s had previously been located across from Red Emma’s, a worker-owned bookstore and cafe, which got them thinking: What if Edwardsen passed on the restaurant to his workers? The restructuring would take the load off a sole proprietor, and each worker-owner would be more invested in the business’s well-being. A 2016 meta-analysis of more than 100 studies across several countries linked employee ownership to better productivity, organizational stability, and business survival. In times of crisis, co-ops have been shown to be more resilient than traditional enterprises and less likely to lay off workers.
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Bu hikaye Mother Jones dergisinin May/June 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
In the Name of the Mother - How Shyamala Gopalan Harris raised a presidential contender
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BAD HABITS
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Imagine obamacare is dead and millions of Americans have lost health coverage.
THE ARCHITECT
TRUMP WANTS TO BE KING. RUSS VOUGHT HAS A PLAN TO MAKE IT HAPPEN.
Losing Faith
As an evangelical leader, I enticed lawmakers and federal judges to adopt a conservative Christian agenda. Donald Trump’s rise proved how wrong I was.
GOD'S COUNTRY
These Christian nationalists have a plan to take over Americafrom small towns to the highest court in the land.
