The difference is that in a well-run co-op management can be removed by the employees, pay differentials are lower, and for a co-op like GoreTex the management layer is porous, open, available to any employee with talent, and may be project-based rather than permanent.

In a capitalist corporation, executives are selected because they're already members of the executive class, not because they have proven management skills. (In fact, failing to have management skills is no handicap to a management career.)

But at - say - Waitrose - staff regularly participate in store management. There are open discussions about issues, and sometimes about strategy. If senior staff are out of line, there's instant feedback.

Apart from that then yes, there's no difference at all.