Note Details
- Stage: seed 🌱
- Type: concept
- Topics: governance organization
Organizations owned and run by the people who work in them, who have an equal say in what the business does and an equitable share in the wealth created.
Seven Co-operative Principles
- Voluntary and open membership — open to all workers able and willing
- Democratic member control — members set policies and make decisions
- Member economic participation — members contribute equitably and decide how to use surpluses
- Autonomy and independence — controlled by members, maintaining co-operative autonomy
- Education, training and information — for effective member contribution
- Co-operation among co-operatives — strengthening the movement together
- Concern for community — working for sustainable development of their communities
Source: https://www.uk.coop/sites/default/files/2020-10/worker_co-operative_code_2nd_edition_0_0.pdf