Thread started: Dec 17 2008, 7:46 AM EST
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Yes, co-ops are subject to the market, but they operate with higher ethical principles than for-profit corporates. If co-ops don't make a trading surplus they go bust, but they share that surplus with the members of the co-operative (which can be: consumers or employees or both) and do NOT have to answer to external share-holders. Co-operatives are mutual societies and run entirely democratically, they do not exploit themselves!
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RE: Co-operatives
By: ,
Dec 18 2008, 5:32 AM EST
The rest of your article I agreed with... :)
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