one member, one vote — capitalism where the customers own the joint, not the shareholders.
means a business structure where the people who use it (workers, customers, or residents) collectively own and democratically control it, splitting profits by participation, not by shares held.
from traces to the rochdale pioneers of 1844, a group of english weavers who pooled money to open a shop selling honest goods at fair prices, writing rules like one member one vote and profits returned to patrons that still define co-ops today.
rei — outdoor retailer owned by 25 million member-shoppers since 1938
mondragon corporation — spanish federation of worker co-ops, 80000 employees, founded 1956
land oakes butter — land o lakes, farmer-owned dairy cooperative since 1921
credit unions — member-owned banks, over 130 million members in the us alone