Alvarado Street Bakery is a worker-owned bakery located in Petaluma, California that produces certified organic whole grain breads and bagels. Alvarado was featured in the 2009 Michael Moore documentary, Capitalism: A Love Story.[1]
Alvarado is organized as a worker cooperative and each employee receives one share in the cooperative. The shares grant each employee an equal vote on business matters, including employee benefits, salaries and the reinvestment of profits.[2] As of 2009, more than half of the employees had been with the company for over 15 years and the average worker earns between $65,000 and $70,000 a year.[2]
^Folbre, Nancy. The Case for Worker Co-ops. The New York Times. 23 November 2009.
^ abCite error: The named reference spotlight was invoked but never defined (see the help page).
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