22 Feb '12, 3pm

Membership in Co-operative Businesses Reaches 1 Billion

Co-ops offer democratic alternative to shareholder-owned businesses. Washington, D.C. —The United Nations has designated 2012 as the International Year of Cooperatives, providing a great opportunity to raise the profile of an important organizational tool for spreading human rights and equality worldwide. Membership in co-operative businesses has grown to 1 billion people across 96 countries, according to new research published by the Worldwatch Institute for its Vital Signs Online publication. Co-operatives, or co-ops, are a type of business characterized by democratic ownership and governance. They offer an alternative to the shareholder model of business ownership. Co-ops are governed by their members, who typically invest in the co-operative and have an ownership stake in it, as well as a voice in how the firm is run. Decisions are often made on a one-member, one-vote ...

Full article: http://www.worldwatch.org/membership-co-operative-busines...

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