In this paper, we examine major trends and potential for cooperatives in the context of four
prominent socio-economic issues: the lack of jobs, economic and social inequality,
educational mobility, and the priority need for innovations. We present recent data on the
amount and types of job creation in cooperatives. We consider co-ops in light of the recent
financial and economic crises. Finally, we offer some observations on cooperatives and
innovation, and some perspectives on the outlook going forward.