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Today’s TED Talk – The case for co-ops, the invisible giant of the economy

Montana Coop

 

Think capitalism is broken? Try cooperativism, says co-op enthusiast and researcher Anu Puusa. She lays out how cooperatives — businesses owned, operated and controlled by their members — can both make money and have a positive impact on the environment and local communities. With co-ops, Puusa says, doing good business and doing good at the same time becomes possible.

Watch now »

 

What is a Cooperative?

A cooperative is an organization that is owned and democratically controlled by the people who use its products, supplies or services. Cooperatives are formed to meet the specific objectives of members, and are structured to adapt to member’s changing needs. Working together as a group, members find they can accomplish more collectively than they could individually.

The benefits of belonging to cooperatives include:

  • Access to quality supplies and services at reasonable costs
  • Increased visibility and leverage in the marketplace
  • Share in earnings based on use of co-op
  • Effective political action
  • Enhance local economy through services and job creation

 

 

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