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In Collective Courage, Jessica Gordon Nembhard chronicles African American cooperative business ownership and its place in the movements for Black civil rights and economic equality. Not since W. E. B. Du Bois’s 1907 Economic Co-operation Among Negro Americans has there been a full-length, nationwide study of African American cooperatives. Collective Courage extends that story into the twenty-first century. Many of the players are well known in the history of the African American experience: Du Bois, A. Philip Randolph and the Ladies' Auxiliary to the Brotherhood of Sleeping Car Porters, Nannie Helen Burroughs, Fannie Lou Hamer, Ella Jo Baker, George Schuyler and the Young Negroes’ Co-operative League, the Nation of Islam, and the Black Panther Party. Adding the cooperative movement to Black history results in a retelling of the African American experience, with an increased understanding of African American collective economic agency and grassroots economic organizing. To tell the story, Gordon Nembhard uses a variety of newspapers, period magazines, and journals; co-ops’ articles of incorporation, minutes from annual meetings, newsletters, budgets, and income statements; and scholarly books, memoirs, and biographies. These sources reveal the achievements and challenges of Black co-ops, collective economic action, and social entrepreneurship. Gordon Nembhard finds that African Americans, as well as other people of color and low-income people, have benefitted greatly from cooperative ownership and democratic economic participation throughout the nation’s history.
This book is the very first book-length study devoted to the advances in technological development and systems research in cooperative economics. The chapters provide, first of all, a coherent framework for understanding and applying the concepts and approaches of complexity and systems science for the advanced study of cooperative networks and particular cooperative enterprises and communities. Second, the book serves as a unique source of reliable information on the frontier information technologies available for the production, consumer, credit, and agricultural cooperative enterprises, discussing predominant strategies, potential drivers of change, and responses to complex problems. Given the diverse range of backgrounds and advanced research results, researchers, decision-makers, and stakeholders from all fields of cooperative economics in any country of the world will undoubtedly benefit from this book.
How the largest social movement in history is making the world a better place.
Building on theories of finance and distribution, and the political economy of finance, this book explains the influence of financial cooperatives on wealth and income distribution, and institutional factors that determine the development of financial cooperatives. The book discusses the dynamics of income and wealth distribution with and without financial cooperatives, and defines the economic objective for financial cooperatives. Through explaining the influence of political institutions and regulations on the development of financial cooperatives, this book examines why financial cooperatives grew in some emerging economies and not in other similar ones. The book is of interest to scholars interested in financial economics, political economy of finance, alternative banking and development finance, and banking regulation. The book also gives valuable output to central bankers and financial and monetary policy makers in underdeveloped economies. In addition, it will be of particular interest to practitioners in international development institutions, especially those engaged in development finance and rural finance.
XIII. Cooperative Economics and Creating Community Where You Are On the three-legged stool of sustainability, less attention has been given to economics than to the more robust ecological and social dimensions. But that doesn't mean it's less important. (It's hard to keep a stool upright with only two legs.) Half the articles in this bundle are focused on what we're learning about values-based ways to make a living (which is a quality of life issue if there ever was one). The other stories are devoted to taking the inspiration of community beyond the boundary of shared property. If you figure that there are only 100,000 people in the US living in some form of self-identified intentional community, yet 100 million wanting a greater sense of community in their life, it's obvious that we should be exporting what we're learning to neighborhoods, churches, schools, and workplaces almost everywhere. Half of the 20 articles in this bundle focus on that expansive task. This Digital Issue of Cooperative Economics and Creating Community Where You Are includes: 1. Recipe for a Thriving Community by Jonathan Dawson, #119 2. Regaining Our Sense of Oneness through Localization by Helena Norberg-Hodge, #154, 15-16 . 3. Our Own Money: A Recipe for Local Economic Revival (including Local Currencies, Stephen Burke) by by Albert Bates, #133 4. When a Dollar Is Worth More than 100 Cents by Gwynelle Dismukes, #136 5. Social Class & Money in Community by Allen Hancock, #98 6. Our Community Revolving Loan Fund: How Walnut Street Co-op Financed Its Property by Tree Bressen, #128 7. Inventing a Rural Economy, Business by Business: How The Farm Lost its Community Subsidy and Formed a Stable Economy in Its Place by Douglas Stephenson, #116 8. Self-Reliance, Right Livelihood, and Economic "Realities" Finding Peace in Compromise by Abeja Hummel, #158 9. Communities That Serve Others...and Love Doing It by Darin Fenger, #131 10. Free to Serve: Notes from a Needs-Based Economy by Chris Foraker, #141 11. Householding: Communal Living on a Small Scale by Elizabeth Barrette, #144 12. Balancing Act: How Much Are You Willing to Share? by Janel Healy, #152 13. The Values of Shared Ownership by Tim Miller, #159 14. The Quest for Community: A Personal Journey into the Grey Zone by Tree Bressen, #139 15. Gardens of Gratitude: ATwo-Day Garden Party Blitz in L.A. by Ginny LeRossignol Blades, #144 16. Chicken a la West Birch Avenue by Hilary Giovale, #142 17. Lighten Up: A Community Energy-Reduction Experiment by Kelly Barth, #143 18. What Are the Boundaries of an Intentional Community? An Experiment in Geographically-Dispersed Community-Building by Don Schneider and Elin England, #143 19. Greening Your H'Hood David Leach, #157 20. Let's Do Greywater First! by Laura Dvorak and J. Brush, #137
Over the past fifty years game theory has had a major impact on the field of economics. It was for work in game theory that the 1994 Nobel Prize in Economics was awarded. Although non-cooperative game theory is better known, the theory of cooperative games has contributed a number of fundamental ideas to microeconomic analysis. Cooperative Microeconomics is the definitive textbook on these contributions. Designed to be used by undergraduate and graduate students, the book provides a thorough introduction and overview of its subject. Hervé Moulin distinguishes among three primary modes of cooperation: cooperation by direct agreements; cooperation by just, equitable compromise; and cooperation by decentralized behavior. This tri-modal methodology is applied successively to the exchange of private goods, the fair division of unproduced commodities, the cooperative production of private and public goods, and cost-sharing. Moulin proposes an elementary and self-contained exposition (supplemented by over 125 exercises) of the main cooperative concepts for microeconomic analysis, including core stability, deterministic solutions (such as the Shapley value), and several broad principles of equity (such as the No Envy and Stand Alone tests). The book also covers the most important failures of the decentralized behavior: the tragedy of the commons and the free rider problem in the provision of public goods. Cooperative Microeconomics is the first book of its kind, and it will be widely used in courses in microeconomics and game theory. Originally published in 1995. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
For the past three decades, neoclassical doctrine has dominated economic theory and policy. The balance of power has shifted to protect private interests, resulting in unprecedented damage to the environment and society, with no solution in sight as more austerity and less government continues to be posited as the answer to the oncoming waves of crisis. It doesn't have to be this way. Featuring a remarkable roster of internationally renowned critical thinkers, Co-operatives in a Post-Growth Era presents a feasible alternative for a more environmentally sustainable and equitable economic system - specifically, the co-operative business model. With more than 100 million people working in co-operatives and more than a billion members around the world, the time has never been better for co-operatives everywhere to recognise their potential to change the economic landscape. An essential book for students, policymakers and concerned citizens looking for a practical way to change the current stagnant economic paradigm.
A famed political scientist's classic argument for a more cooperative world We assume that, in a world ruled by natural selection, selfishness pays. So why cooperate? In The Evolution of Cooperation, political scientist Robert Axelrod seeks to answer this question. In 1980, he organized the famed Computer Prisoners Dilemma Tournament, which sought to find the optimal strategy for survival in a particular game. Over and over, the simplest strategy, a cooperative program called Tit for Tat, shut out the competition. In other words, cooperation, not unfettered competition, turns out to be our best chance for survival. A vital book for leaders and decision makers, The Evolution of Cooperation reveals how cooperative principles help us think better about everything from military strategy, to political elections, to family dynamics.
The present scientific and technical revolution has brought science into the range of the most effective forces of production. The formula "science= production force" applies also to the social sciences whose explorations of human relationships and drives have reached previously unsuspected depths. Objectives, such as higher living standards and full employment, economic growth and stability, social equity and security, have both called for and provided a basis for the exploitation of possibilities offered by the natural and technical sciences. In today's agriculture, age-old traditions are in the process of disintegra tion, but the heredity of a century (or that of even a millennium as in Hungary) does not get dissolved without defending itself. Technical progress and social restratification, the emergence of new scales of values and preferences, the adjustment of the rural communities to their new tasks and conditions - all these have transformed farm operations and farming techniques. But agriculture, even under its revolutionized surface, still hides deep, almost untouched layers. If economists and agriculturalists are perplexed by the multitude and variety of the visible farm problems, there exist many others about which they can only guess, which they must follow up. In formulating and solving these problems, agricultural economists have professional tasks: (1) facilitating the most efficient use of agricultural resources from the standpoint of the national economy, and (2) helping farmers and farm people to attain their stated, socially feasible objectives.
A fascinating look at the evolutionary origins of cooperation Why do humans, uniquely among animals, cooperate in large numbers to advance projects for the common good? Contrary to the conventional wisdom in biology and economics, this generous and civic-minded behavior is widespread and cannot be explained simply by far-sighted self-interest or a desire to help close genealogical kin. In A Cooperative Species, Samuel Bowles and Herbert Gintis—pioneers in the new experimental and evolutionary science of human behavior—show that the central issue is not why selfish people act generously, but instead how genetic and cultural evolution has produced a species in which substantial numbers make sacrifices to uphold ethical norms and to help even total strangers. The authors describe how, for thousands of generations, cooperation with fellow group members has been essential to survival. Groups that created institutions to protect the civic-minded from exploitation by the selfish flourished and prevailed in conflicts with less cooperative groups. Key to this process was the evolution of social emotions such as shame and guilt, and our capacity to internalize social norms so that acting ethically became a personal goal rather than simply a prudent way to avoid punishment. Using experimental, archaeological, genetic, and ethnographic data to calibrate models of the coevolution of genes and culture as well as prehistoric warfare and other forms of group competition, A Cooperative Species provides a compelling and novel account of how humans came to be moral and cooperative.