I have a feeling this was asked here before once. The loop space functor on pointed connected space induces the $\Omega, B$ adjunction between pointed connected spaces and $\mathbb{E}_1$-algebras in pointed connected spaces (w.r.t. the product monoidal structure). It turns out that pointed connected spaces are in fact the full subcategory on the grouplike $\mathbb{E}_1$-spaces. The functor $B$ is the two sided bar construction of a loop space acting trivially on a point from left and right.
Now repeat the entire story with the reduced suspension functor, replace algebras with coalgebras, b…
Now repeat the entire story with the reduced suspension functor, replace algebras with coalgebras, b…