The feasibility of platform cooperatives in the gig economy

Abstract

In view of the precarity and economic dependency of gig workers, platform cooperatives come into the picture as alternatives to investor-owned platforms. We develop a taxonomy of platform cooperatives along the dimensions of ownership of the platform and employment by the cooperative. Platform cooperatives are then examined as worker-run matchmaking platforms for gigs, by analysing their challenges, highlighting the difficulties to raise capital, take collective decisions, and gain institutional support. On the basis of a feasibility analysis, we conclude that the identified challenges can most likely be successfully overcome by platform co-ops that organise taxi rides and professional jobs, while it may prove much more difficult in food delivery, homecare and micro-tasking.