Browse Definitions:
Definition

platform cooperative

Contributor(s): Ivy Wigmore

A platform cooperative is an employee-owned and operated business that typically runs its operations through a website or mobile app. The platform business model is based on exchange of goods and services between interdependent individuals or groups. 

Democracy is integral to platform co-ops, which operate for the benefit of their members. The cooperative is a type of holacracy, a flat management structure that distributes authority. Platform cooperatives are distinguished from other cooperatives by the integral role of digital technologies to support the business and also an emphasis on contributing to the larger community.  

Trebor Scholz coined the term “platform cooperativism” in a 2014 article: “Platform Cooperativism vs. the Sharing Economy.” Scholz criticized many sharing economy businesses for exploiting employees. Platform co-ops developed in response to the call for more democratic models where workers could “exchange their labor without the manipulation of the middleman.”

Critics of the existing sharing economy model argue that its name is misleading. IT guru Don Tappscott suggests that the model would be more aptly referred to as "service aggregates" because their emphasis is making money rather than sharing services. Platform cooperatives and supporting technologies such as blockchain may offer the possibility of a more equitable sharing economy.

This was last updated in August 2017

Continue Reading About platform cooperative

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

SearchCompliance

  • risk map (risk heat map)

    A risk map, also known as a risk heat map, is a data visualization tool for communicating specific risks an organization faces.

  • internal audit (IA)

    An internal audit (IA) is an organizational initiative to monitor and analyze its own business operations in order to determine ...

  • pure risk (absolute risk)

    Pure risk, also called absolute risk, is a category of threat that is beyond human control and has only one possible outcome if ...

SearchSecurity

  • FIDO (Fast Identity Online)

    FIDO (Fast ID Online) is a set of technology-agnostic security specifications for strong authentication. FIDO is developed by the...

  • cryptanalysis

    Cryptanalysis is the study of ciphertext, ciphers and cryptosystems with the aim of understanding how they work and finding and ...

  • Trojan horse (computing)

    In computing, a Trojan horse is a program that appears harmless, but is, in fact, malicious.

SearchHealthIT

SearchDisasterRecovery

  • business continuity and disaster recovery (BCDR)

    Business continuity and disaster recovery (BCDR) are closely related practices that describe an organization's preparation for ...

  • business continuity plan (BCP)

    A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue ...

  • call tree

    A call tree -- sometimes referred to as a phone tree -- is a telecommunications chain for notifying specific individuals of an ...

SearchStorage

  • wear leveling

    Wear leveling is a process that is designed to extend the life of solid-state storage devices.

  • storage area network (SAN)

    A storage area network (SAN) is a dedicated high-speed network or subnetwork that interconnects and presents shared pools of ...

  • SSD TRIM

    SSD TRIM is an Advanced Technology Attachment (ATA) command that enables an operating system to inform a NAND flash solid-state ...

SearchSolidStateStorage

  • hybrid hard disk drive (HDD)

    A hybrid hard disk drive is an electromechanical spinning hard disk that contains some amount of NAND Flash memory.

Close