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Co-operatives
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
'' International Cooperative Alliance.''
Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and managed by the people who consume th ...
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Worker Cooperative
A worker cooperative is a cooperative owned and self-managed by its workers. This control may mean a firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one in which management is elected by every worker-owner who each have one vote. History Worker cooperatives rose to prominence during the Industrial Revolution as part of the labour movement. As employment moved to industrial areas and job sectors declined, workers began organizing and controlling businesses for themselves. Worker cooperatives were originally sparked by "critical reaction to industrial capitalism and the excesses of the industrial revolution." Some worker cooperatives were designed to "cope with the evils of unbridled capitalism and the insecurities of wage labor". The philosophy that underpinned the cooperative movement stemmed from the socialist writings of thinkers including Robert Owen and Charles Fourier. Robert Owen, considered by many as the father ...
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Consumer Cooperative
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops. However, there are many types of consumers' cooperatives, operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions). In some countries, consumers' cooperatives are known as cooperative retail societies or retail co-ops, though they should not be confused with retailers' cooperatives, whose members are retailers rather than consumers. Consumers' cooperatives may, in turn, form cooperative federations. These may come in the form of cooperative wholesale societies, through which consumers ...
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Retail Co-operative
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops. However, there are many types of consumers' cooperatives, operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions). In some countries, consumers' cooperatives are known as cooperative retail societies or retail co-ops, though they should not be confused with retailers' cooperatives, whose members are retailers rather than consumers. Consumers' cooperatives may, in turn, form cooperative federations. These may come in the form of cooperative wholesale societies, through which consumers ...
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Mondragon Corporation
The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. It was founded in the town of Mondragon in 1956 by José María Arizmendiarrieta and a group of his students at a technical college he founded. Its first product was paraffin heaters. It is the seventh-largest Spanish company in terms of asset turnover and the leading business group in the Basque Country. At the end of 2016, it employed 74,117 people in 257 companies and organizations in four areas of activity: finance, industry, retail and knowledge. By 2019, 81,507 people were employed. Mondragon cooperatives operate in accordance with the Statement on the Co-operative Identity maintained by the International Co-operative Alliance. History In 1941, a young Catholic priest, José María Arizmendiarrieta settled in Mondragón, a town with a population of 7,000 that had not yet recovered from the poverty, hunger, exile, and tension of the Spanish Civ ...
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International Co-operative Alliance
The International Co-operative Alliance (ICA) is a non-governmental co-operative federation or, more precisely, a co-operative union representing co-operatives and the co-operative movement worldwide. It was founded in 1895 to unite, represent and serve co-operatives worldwide. The Alliance maintains the internationally recognised definition of a co-operative in the "Statement on the Co-operative Identity". The ICA represents 318 co-operative federations and organisations in 112 countries. The Alliance provides a global voice and forum for knowledge, expertise and co-ordinated action for and about co-operatives. The members of the Alliance are international and national co-operative organisations from all sectors of the economy, including agriculture, banking, consumer, fisheries, health, housing, insurance, and workers. The Alliance has members from 100 countries, representing close to one billion individuals worldwide. Around one hundred million people work for co-operatives glo ...
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International Cooperative Alliance
The International Co-operative Alliance (ICA) is a non-governmental co-operative federation or, more precisely, a co-operative union representing co-operatives and the co-operative movement worldwide. It was founded in 1895 to unite, represent and serve co-operatives worldwide. The Alliance maintains the internationally recognised definition of a co-operative in the "Statement on the Co-operative Identity". The ICA represents 318 co-operative federations and organisations in 112 countries. The Alliance provides a global voice and forum for knowledge, expertise and co-ordinated action for and about co-operatives. The members of the Alliance are international and national co-operative organisations from all sectors of the economy, including agriculture, banking, consumer, fisheries, health, housing, insurance, and workers. The Alliance has members from 100 countries, representing close to one billion individuals worldwide. Around one hundred million people work for co-operatives gl ...
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Platform Cooperative
A platform cooperative, or platform co-op, is a cooperatively owned, democratically governed business that establishes a computing platform, and uses a website, mobile app or a protocol to facilitate the sale of goods and services. Platform cooperatives are an alternative to venture capital-funded platforms insofar as they are owned and governed by those who depend on them most—workers, users, and other relevant stakeholders. Typology While there is no commonly accepted typology of platform cooperatives, researchers often ontologize platform cooperatives by industry. Some potential categories include: transportation, on-demand labor, journalism, music, creative projects, timebank, film, home health care, photography, data cooperatives, marketplaces. Other typologies differentiate platform cooperatives by their governance or ownership structures. Platform cooperatives have been contrasted with platform capitalism. Companies that try to focus on fairness and sharing, instead of j ...
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José María Arizmendiarrieta
Father José María Arizmendiarrieta Madariaga ( Marquina-Xemein, Bizkaia, Spain, April 22, 1915 - Mondragon, Gipuzkoa, Spain, November 29, 1976) was a Basque Catholic priest and promoter of the cooperative companies of the Mondragon Corporation, originally located in the Basque Country and currently spread throughout the world. The year 2021 is the second social economy business group in Spain, bringing together ninety-eight cooperatives, eight foundations, one mutual, ten coverage entities and seven international delegations, distributed in four areas: finance, industry, distribution and knowledge. Arizmendiarrieta was a seminarian in Vitoria when the Spanish civil war began in 1936, and consequently he was mobilized by the Basque Government. Due to his knowledge of Basque language, he was assigned to the editor of the new newspaper Eguna, where he remained until the Francisco Franco’s troops entered Bilbao. He was arrested by them, and again mobilized for the M ...
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OSG Co-op AGM 20050423
OSG may refer to: * Office of the Solicitor General of the Philippines * Office of the Solicitor General of the United States * Office of the Surgeon General of the United States * Oklahoma State Guard, active during World War II * On-site generation of electrical power * One Scotland Gazetteer, the definitive national land, property and address dataset for Scotland * Open Science Grid, a worldwide collection of technological resources * OpenSceneGraph, a 3D graphics programming interface * Operational Studies Group Operational Studies Group, also known as OSG, is a publisher of board wargames. History Kevin Zucker, the Managing Editor at the wargame publisher Simulations Publications Inc. (SPI), left the company in January 1976. He and other ex-SPI employe ..., a publisher of wargames related primarily to the Napoleonic Wars * Overseas Shipholding Group {{disambiguation ...
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Profit Sharing
Profit sharing is various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' regular salary and bonuses. In publicly traded companies these plans typically amount to allocation of shares to employees. The profit sharing plans are based on predetermined economic sharing rules that define the split of gains between the company as a principal and the employee as an agent.Moffatt, Mike. (2008) About.com Sharing Rule' Economics Glossary; Terms Beginning with S. Accessed June 19, 2008. For example, suppose the profits are x, which might be a random variable. Before knowing the profits, the principal and agent might agree on a sharing rule s(x). Here, the agent will receive s(x) and the principal will receive the residual gain x-s(x). Profit-sharing tends to lead to less conflict and more cooperation between labor and their employers. History Profit sharing has been common ...
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Charity (practice)
The practice of charity is the voluntary giving of help to those in need, as a humanitarian act, unmotivated by self-interest. There are a number of philosophies about charity, often associated with religion. Etymology The word ''charity'' originated in late Old English to mean a " Christian love of one's fellows", and up until at least the beginning of the 20th century, this meaning remained synonymous with charity. Aside from this original meaning, ''charity'' is etymologically linked to Christianity, with the word originally entering into the English language through the Old French word ''charité'', which was derived from the Latin ''caritas'', a word commonly used in the Vulgate New Testament to translate the Greek word ''agape'' (), a distinct form of love (see the article: Charity (virtue)). Over time, the meaning of ''charity'' has evolved from one of "Christian love" to that of "providing for those in need; generosity and giving", a transition which began with ...
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Poor Laws
In English and British history, poor relief refers to government and ecclesiastical action to relieve poverty. Over the centuries, various authorities have needed to decide whose poverty deserves relief and also who should bear the cost of helping the poor. Alongside ever-changing attitudes towards poverty, many methods have been attempted to answer these questions. Since the early 16th century legislation on poverty enacted by the English Parliament, poor relief has developed from being little more than a systematic means of punishment into a complex system of government-funded support and protection, especially following the creation in the 1940s of the welfare state. Tudor era In the late 15th century, parliament took action on the growing problem of poverty, focusing on punishing people for being " vagabonds" and for begging. In 1495, during the reign of King Henry VII, Parliament enacted the Vagabond Act. This provided for officers of the law to arrest and hold "all ...
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