Cooperatives: Difference between revisions
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A co-op is a legal entity, owned and controlled by its owners who share decision-making authority, profits and, in some cases, liability for debts. Co-ops normally fall into three types –- '''consumer co-ops''', '''producer co-ops''' and '''worker-owned companies''' -– and they operate under seven principles: | |||
# Voluntary and open membership | |||
# Democratic member control | |||
# Economic participation by members | |||
# Autonomy and independence | |||
# Education, training and information | |||
# Co-operation among cooperatives | |||
# Concern for community<ref>[http://www.austinpost.org/austin-news/austin-co-ops-thriving-city-grows Austin Co-Ops Thriving as City Grows]</ref> | |||
The United Nations has declared 2012 as the "international year of cooperatives."<ref>[http://www.un.org/News/Press/docs/2011/ga11164.doc.htm United Nations Launches 2012 International Year of Cooperatives] General Assembly President Says ‘People-Centred’ Cooperative Movement Critical to Advancing Development Agenda, Promotes Equality, Social Integration</ref><ref>[http://social.un.org/coopsyear/ United Nations International Year of Cooperatives (IYC) 2012]</ref> | |||
== See Also == | == See Also == | ||
Revision as of 18:10, 15 August 2012
A co-op is a legal entity, owned and controlled by its owners who share decision-making authority, profits and, in some cases, liability for debts. Co-ops normally fall into three types –- consumer co-ops, producer co-ops and worker-owned companies -– and they operate under seven principles:
- Voluntary and open membership
- Democratic member control
- Economic participation by members
- Autonomy and independence
- Education, training and information
- Co-operation among cooperatives
- Concern for community[1]
The United Nations has declared 2012 as the "international year of cooperatives."[2][3]
See Also
- ↑ Austin Co-Ops Thriving as City Grows
- ↑ United Nations Launches 2012 International Year of Cooperatives General Assembly President Says ‘People-Centred’ Cooperative Movement Critical to Advancing Development Agenda, Promotes Equality, Social Integration
- ↑ United Nations International Year of Cooperatives (IYC) 2012