AKA the thing that no one ever reads. Below we've provided tweet-sized definitions of some related terms and concepts we're using to describe the broader context Hypha is operating in.1 Additions welcome!
- Capitalism an economic system based on private ownership of the means of production with the goal of generating profits. See: The Black Socialists of America Glossary of Socialist Terms
- Co-operative: a people-centred enterprise owned, controlled, and run by and for members to realise common economic, social, and cultural needs and aspirations.
- Clip: a percent-based portion deducted from billable project work to fund administrative costs and collective programs of the Co-operative. See: Calculating Member Wages
- Labour Movement a social movement that consists of labour unions and political organizing or political parties representing the interests of workers. See: History of Labour in Canada
- Member-owner joint owner and member of a co-operative who has an equal share and democratic control of its operation. See: About Hypha Worker Co-operative
- New economy: a vision for a just, sustainable, and democratic economy of cooperative, ethical, and community-rooted enterprises working within environmental limits.
- Platform co-operative: a co-operatively owned, democratically-governed computing platform that uses a website, app or protocol to facilitate selling goods and services.
- Solidarity economy or co-operative economy: an economy based on efforts to increase the quality of life of a region or community through local business and not-for-profit endeavors.
- Union or Trade Union: an association of workers that bargains for and acts as a legal representative of a unit of employees in a workplace often with a collective agreement. See: What Unions Do