Merits
Where Cooperatives got it right
Democratic Control Cooperatives are typically owned and managed by their members, who have equal voting rights regardless of their level of investment or involvement.
Member Benefits Profits are distributed among members, often in proportion to their level of participation, whether through patronage dividends, reduced prices, or improved services.
Community Focus Cooperatives often focus on local needs and interests, contributing to the economic and social development of their communities.
Economic Participation Members contribute equitably to the capital of their cooperative, ensuring that control remains within the community.
Education and Training Cooperatives provide education and training for their members, elected representatives, managers, and employees, enabling them to contribute effectively to the development of their cooperatives.
Sustainability Many cooperatives prioritize sustainable business practices, often balancing economic, social, and environmental concerns.
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