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Governance in co-operatives 'as good' as limited companies - Blue & Green Tomorrow

Governance in co-operatives 'as good' as limited companies - Blue & Green Tomorrow | cooperative entrepreneurship | Scoop.it
Governance in co-operatives 'as good' as limited companies Blue & Green Tomorrow The report, from the trade body Co-operatives UK, reviews the performance and structures of 60 of the world's largest co-operative businesses to assess how they...
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Role of Cooperatives in Societal Transition - P2P Foundation

Role of Cooperatives in Societal Transition - P2P Foundation | cooperative entrepreneurship | Scoop.it

"The question of which system is desirable, in detail, is quite important. Unfortunately we cannot determine in abstract which system will work best and what problems will develop, though we can make guesses. To fully understand the consequences of an economic system can only be decided experimentally. This leads us to the chicken and the egg problem. How can we promote a new system without knowing what it will look like and if we don’t have a new system to promote, how can we convince the broad masses that we should remove the presently existing system – however deformed our present system becomes.

 


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Cooperatives: A Historical and Cross Cultural Perspective ...

The cooperative movements represent large, diverse alternatives to the dominant private-ownership model and the cooperative ideal has resurfaced many times during the history of modern industrial development.
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National Cooperative Bank Provides $6 Million Loan to Limited-Equity ... - HispanicBusiness.com

National Cooperative Bank Provides $6 Million Loan to Limited-Equity ...
HispanicBusiness.com
ENP Newswire - 25 November 2013 Release date- 21112013 - Existing Mobile Home Park to Purchase Land and Convert to Cooperative.
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Cooperatives for Broadband? A primer on an option for rural areas - Twin Cities Daily Planet (blog)

Cooperatives for Broadband? A primer on an option for rural areas - Twin Cities Daily Planet (blog) | cooperative entrepreneurship | Scoop.it
Cooperatives for Broadband? A primer on an option for rural areas Twin Cities Daily Planet (blog) Cooperatives are an important part of Minnesota's economic and cultural history and, for those in attendance at the Co-op= Community Development...
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Cooperatives: a business model widely used in rich countries ...

Cooperatives: a business model widely used in rich countries ... | cooperative entrepreneurship | Scoop.it
Marginal role Cooperatives, though useful, are not a noticeable tool in Guyana's economic development. Guyana is not the only country where cooperatives,
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AL: Cooperatives using USDA financing to improve electric service and implement smart grid | DothanEagle.com

Two area electric cooperatives receiving federal loan guarantees are putting the money to work on projects they believe will pay long-term dividends.

 

Pea River Electric Cooperative and Wiregrass Electric Cooperative were the only Alabama entities selected for low-interest loan guarantees through the Rural Development mission area of the U.S. Department of Agriculture.

 

Rural electric cooperatives and utilities in 12 states were awarded the guarantees to improve generation and transmission facilities and implement smart grid technologies.

 

“Upgrading rural infrastructure sets the stage for economic development, because access to reliable, affordable electricity is essential to rural job creation,” USDA Rural Utilities Acting Administrator John Padalino said in February when he announced the financing.

 

Local cooperative officials say the funds will help them improve service to their members.

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Six Operational Advantages of Worker Cooperatives

Six Operational Advantages of Worker Cooperatives | cooperative entrepreneurship | Scoop.it
I am concerned that the economic advantages of organizing businesses as worker cooperatives are often forgotten, while idealistic goals often become the sole focus and motivation.
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War On Democracy: Spain And Japan Move To Criminalize Protests | Zero Hedge

War On Democracy: Spain And Japan Move To Criminalize Protests | Zero Hedge | cooperative entrepreneurship | Scoop.it
As might be expected as political and economic policy failures pile up and citizens become increasingly mad, the status quo is becoming increasingly authoritarian.
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The 300 largest co-operatives and mutuals: The world's 9th largest ...

Earlier in November, as part of its general assembly, the International Co-operative Alliance (ICA) released 'Report 2013′, the new global ranking system for co-operatives known as the World Co-operative Monitor.
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Workers protest closure of Spanish cooperative Fagor - World Socialist Web Site

Workers protest closure of Spanish cooperative Fagor - World Socialist Web Site | cooperative entrepreneurship | Scoop.it
Workers protest closure of Spanish cooperative Fagor World Socialist Web Site The end of Fagor, a subsidiary of the Mondragón corporation, regarded as the jewel in the cooperative movement crown, shows that such organisations are not an alternative...
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For a solidarity-based theory of public goods

“There are really two independent parts to the standard concept of public good. This concept plays a prominent role in the recent phenomenon of extending the discussion of public goods to the global level. The first part has to do with the accessibility of public goods, whereas the second deals with the motivation for forming them.

 

 


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Worker Cooperatives: Retooling the Solidarity Economy | Institute for Ethics and Emerging Technologies

Worker Cooperatives: Retooling the Solidarity Economy | Institute for Ethics and Emerging Technologies | cooperative entrepreneurship | Scoop.it

Under the cooperative model, workers own the business, reducing injustice because they have a stake in the community and because an individual will find it hard to exploit oneself. Workers often buy into their jobs (upfront or amortized), vote on major decisions in general assemblies or committees, and even voluntarily donate to the co-op for re-investment. Known as “workplace democracy,” this model of authentic self-determination renders state action superfluous.

 

The flagship Mondragon Corporation, the seventh largest company in Spain by asset turnover (and a federation of hundreds of cooperatives) is a controversial but impressive proof-of-concept that worker cooperatives can do everything the vampiric large-scale, capital intensive firms can, but better.

 

Today, worker co-ops have immense economic impact but unrecognized political clout. The cooperative is a sleeping giant: There are at least 30,000 U.S. cooperatives with at least $3T in assets, $654B in annual revenues, $75B in wages and benefits and 875,000 jobs directly created. [1] For comparison, Apple had $156.5B in revenues for the 2012 fiscal year. Rigorous studies on the viability of the cooperative model can be read on the website of the Quebec International Summit of Cooperatives here.

 

The above figures don’t account for cooperatives outside of the US, either. In Britain, Italy, Sweden and Germany, cooperatives are a sizable pillar of the economy and partially account for the high social development statistics in these nations. Reflecting these egalitarian values, a 2003 federation of worker cooperatives drafted the World Declaration on Cooperative Worker Ownership, a.k.a. the Oslo Declaration, a sentiment based on solidarity and inclusiveness rather than the psychopathic self-interest that characterizes the corporation-state.

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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