But at a city council meeting this past September, Berkeley City Council approved changes to the requirements for its small business loan fund, adding an alternative to a conventional personal guarantee, making it more friendly for worker-owned cooperatives. It may seem like a small victory, but it’s just one part of a much broader push led by worker-owned cooperative members themselves to reshape the economy around them, business by business, city by city, lender by lender “It’s an uph...
