Tuesday, 05 October 2010 01:18
By Alexis Alexander,
October is National Co-op Month, a time to celebrate the contributions of our nation’s co-ops. When I consider the positive influence cooperatives have on society, I’m reminded of the Seven Cooperative Principles. These principles are central to the operations of co-ops worldwide since they represent the core values that are recognized and adhered to by all cooperatives.
In the spirit of Co-op Month, I’d like to review the Seven Cooperative Principles to highlight how truly different the values-driven nature of cooperatives is relative to profit-driven corporate America. For this month’s column, we’ll review Principles #1 through #3. Next month we’ll complete our review with Principles #4 through #7.
Friday, 31 October 2008 11:09
By Bini Reilly,
Upon arriving at GreenStar, I learned that a patronage refund system was soon to be voted on by the membership. I believe member-owners should vote in support of this bylaws change. Membership in GreenStar means you are a member-owner in this community-based enterprise. As such, you should want to ensure the continued and future viability of the Co-op. It is the right thing, as a member-owner, not to take monies out of the Co-op until you know that the Co-op is financially stable.
Every month, GreenLeaf prints the seven Cooperative Principles, to which GreenStar subscribes (see page 4). The principle that describes how a cooperative compensates member-owners is Principle 3: Member Economic Participation, as defined by the International Co-operative Alliance:
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