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This volume explores where, how and why the cooperative model is having a distinctive, transformational impact in driving socio-economic changes in a post-pandemic 21st century world. Drawing from a diverse range of examples, the book sheds light on how today’s cooperatives and a co-operative way of organising might serve new societal demands. It examines organisational structures and governance models that develop socio-economic resilience in cooperatives. The book’s contributors reveal how the very pursuit of cooperative values and principles challenges market fundamentalism and promotes participatory democracy. This is a timely contribution to recent debates around transformative economies and an invaluable resource for scholars and activists interested in alternative ways of organising.
First Published in 2004. The market economy has changed profoundly over the past two centuries. In the nineteenth century, business enterprises were largely single-product ventures, managed directly by the owners and rooted within national economies. In the twentieth century, firms employed managers who were not owners. Firms also evolved into multiproduct, multiunit entities that could employ thousands of workers. In the twenty-first century, many firms operate on a global scale, taking advantage of free trade policies and rapidly evolving computer and telecommunications technologies. Given this potential, it is crucial that producers, consumers, economic developers, and researchers realize how co-ops can promote local economic and community development. Hence, this book includes the perceptions of experts on a variety of cooperative issues, including the challenges involved in starting a co-op and in understanding its impact on surrounding communities. This book can be especially useful because it provides the theoretical foundations and practical applications of cooperative behavior.
Examines new ways of understanding the cooperative business model and how to set about changing cooperatives so they can make the transition from simply surviving to becoming growth engines of the economy and thereby real benefits to their members.