When referring to a stakeholder in a cooperative, customarily one means anyone who qualifies for membership. Users would simply have votes for board members and

When referring to a stakeholder in a cooperative, customarily one means anyone who qualifies for membership. Users would simply have votes for board members and be able to propose and vote on motions at regular meetings. Board members choose a chief exec, and below that level it operates like a regular company. In cooperative businesses, the members own the enterprise and control it via representative democratic practices. They pay to become and remain members, not unlike today's subscription models. If you consider the federated social media model, there is still centralisation in the development of the reference implementation which is pretty hard to remove. This remains the case in mastodon, for instance. In a cooperative model, you lean in to the centralisation and what you gain is democratic oversight.