Briefly stated, the spolu is an advanced co-operative where profits are distributed between the investors, employees, customers, suppliers, philanthropy, and re-investment. More detail is coming later in this series.
This is a wider scope than our traditional understanding of co-operatives. Hence, I gave this concept a new name.
“Spolu” is the Slovak word for “together.” As the reader learns more details of the spolu, there is a lot of “togetherness” in this business model. The stakeholders are much more organically connected.
Published on Medium 2024
