It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The Co-operative Group Ltd. is a United Kingdom consumer cooperative with a diverse range of business interests. It is co-operatively run and owned by its members. It is the largest organisation of this type in the world, with over 5.5 million members, who all have a say in how the business is run and how its social goals are achieved. The group comprises a family of businesses, including: Food, Travel, Financial Services, Healthcare, Funeral care, Legal Services, Motors and Online Electricals.
Originally posted by buddha
you have to fined a fair way that can not be abused.
From Wikipedia, the free encyclopedia
The Statement on the Co-operative Identity, promulgated by the International Co-operative Alliance (ICA), defines and guides co-operatives worldwide. It contains the definition of a co-operative as a special form of organization, the values of co-operatives, and the currently accepted cooperative principles that direct their behavior and operation. The Statement with the latest revision of the cooperative principles was adopted by ICA in 1995.
According to the Statement, a co-operative is defined as "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." Co-operatives "are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of co-operative founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others."
PopTech (also known as Pop!Tech) is a nonprofit open innovation laboratory and network of thought leaders who are dedicated to finding, incubating and accelerating ideas, people and projects that change the world. PopTech consists of a global community of cutting-edge leaders, thinkers, and doers from many different disciplines, who come together to explore the social impact of new technologies, the forces of change shaping the future, and new approaches to solving the world’s most significant challenges.
Originally posted by coldkidc
reply to post by theovermensch
It would have to be non-profit and absolutely no investment of the funds in the community pool...to nip it in the bud accounts would have to be fixed funds - not even any interest (that's how it starts...)
The MONDRAGON Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. Founded in the town of Mondragón in 1956, its origin is linked to the activity of a modest technical college and a small workshop producing paraffin heaters. Currently 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 2010 it was providing employment for 83,859 people working in 256 companies in four areas of activity: Finance, Industry, Retail and Knowledge. The MONDRAGON Co-operatives operate in accordance with a business model based on People and the Sovereignty of Labour, which has made it possible to develop highly participative companies rooted in solidarity, with a strong social dimension but without neglecting business excellence. The Co-operatives are owned by their worker-members and power is based on the principle of one person, one vote.
Originally posted by LightSpeedDriver
reply to post by ANOK
Sorry, I guess I should have given the example with my text. The Co-Op Group of the UK.
They are still a co-op but pay very good "wages" to their top executives. I could be missing something but this sounds very corporate to me, while supposedly still having the social goal of lower prices and profit sharing for the customers.edit on 1/12/11 by LightSpeedDriver because: Typo
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.
Originally posted by KingAtlas
I was also wondering, is this "exclusively" ats members ??
I am unclear on that. I think there is lots of possibilities, will check back tommorow.