What Makes Governance in Co-operatives Different?

Paul Thompson

boardroom governance

All firms are co-operatives? That can’t be right…

When I first started studying co-operatives as a graduate student, the first article I read was a piece provocatively titled “All firms are cooperatives – and so are governments.” Its author, Yale law professor Henry Hansmann, claimed exactly what you would expect from the title: that investor-owned businesses were no different in their structure than co-operatives. Continue reading

Governance: “Well that’s all of life, right?”

Paul Thompson

“Chemistry is the study of matter. But I prefer to think of it as the study of change. Now just think about this: electrons, they change their energy levels; molecules change their bonds; elements, they combine and change into compounds. Well that… that’s all of life, right?”

-Walter White, Season 1 Episode 1 of Breaking Bad

https://www.youtube.com/watch?v=-d23GS56HjQ

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