I learnt of an interesting coop recently: the Depository Trust & Clearing Corporation, responsible for clearing and settling most US securities (i.e shares & derivatives). At the heart of global neoliberalism is this user-owned coop, holding some $40 trillion in securities and running a service the entire economy depends on. I’d already been surprised enough to learn that Slaughter & May, the leading corporate law firm repping half of the FTSE100, was a mutual partnership with no hierarchy or even boss, amongst hundreds of profit-sharing partners.