Tuesday, 21 October 2008 13:53
More than 800 million people around the world belong to cooperatives, and at least 100 million of them are employed by co-ops. And more often than you probably realize, co-ops play a vital part of your everyday life.
Consider the cup of coffee and cranberry muffin you recently enjoyed. That premium Sumatra Siborong-Borog coffee was likely purchased from a grower co-op in Indonesia. The flour in the muffin started as wheat from a farmer-owned, grain elevator co-op in the Midwest, and those cranberries might be from Ocean Spray, a producer-owned co-op.
Knowing the source of the foods you eat, the services you employ and the products you purchase are just a few of the benefits of joining a cooperative. As a member, co-ops invite you to take part in the way your favorite grocery store or financial institution is run, and share in any profits. This community approach to business is at the heart of the cooperative philosophy.
Wednesday, 01 October 2008 09:15
Suzie: I like that GreenStar is a co-op.
Mike: Yeah, I am all over the vegan cupcakes.
Suzie: That’s not what makes the Co-op a co-op!
Mike: It’s not? Well, I sure feel at home here. It’s my kind of food.
Suzie: Being a Co-op is about the members owning the business. That’s why everyone has a membership. It’s how we own part of the business.
Mike: I got a member number. It’s from my old college roommate.
Suzie: You’re supposed to have your own member number! How do you vote in Co-op elections?
Mike: Members are supposed to vote in Co-op elections?
Suzie: Voting is part of the “co-op” deal. You know, “locally owned, democratically controlled…”
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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...