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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By Brandon Kane,
As I draft this update, GreenStar is only a short time away from closing on the loans that will fund our third cooperative market in Ithaca, slated to open in the late summer of 2016. The funding for this project offers a terrific example of the cooperati...