N.Y. Cooperative Corporations Law § 80: Legislative findings

§ 80. Legislative findings. The legislature hereby finds and declares

that it is the policy of this state to promote the creation of worker

cooperatives. Worker cooperatives provide a means by which enterprises

may be democratically controlled and operated by their own workers. It

is expected that such cooperative ownership will result in increased job

satisfaction and increased productivity and will enable workers to

receive the fullest economic benefits from their endeavors. It is also

expected that the establishment of cooperatives under this article will

result in the creation of new jobs in all economic sectors, will offer

greater economic stability in the communities of this state and will

discourage the movement of capital and jobs out of this state.