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I share your interest in cooperatives, but not all cooperatives are equal. If we expect cooperatives to provide public interest services that might otherwise be
by lambertsimnel 7y ago
I share your interest in cooperatives, but not all cooperatives are equal. If we expect cooperatives to provide public interest services that might otherwise be P2P or nonprofit, I think we need a special kind of cooperative.
I belong to cooperatives that are politically partisan, that engage in sharp practice, and that aren't as democratic as I'd like. I'd prefer cooperatives to concentrate on treating stakeholders fairly, representing members equally and effectively, and prudent stewardship of their assets.
Cooperatives might lose their focus on their main purposes and discourage some non-progressives from becoming members/customers by pursuing too wide a range of progressive causes.
- hkt 7y agoIn the UK we have a legal form called a community interest company. This, owned by a co-op, would probably be the right form.