Andelsmobil, a Danish internet telecommunication company, allows its members to make management decisions and pays its consumers a surplus from company profits once a year. It costs about $70 in U.S. funds to become a part of the phone company.
This is consumers taking back power -- and money.
According to an Andelsmobil press release, the company offers members a â€œ100 percent fair and transparent business.â€ Not bad in a time of financial crisis.
Implications - Cooperative companies found a foothold during the recession after investors' stock exchange portfolios took heavy hits. These profit-sharing cooperatives give small-time investors a chance to take part in business without the volatility and unpredictability of the stock market.
User-Owned Internet Companies
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