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What are the
Co-operative Principles?
The co-operative principles are guidelines by which co-operatives around the
world put their values into practice.
1st Principle: Voluntary and Open Membership
Co-operatives are voluntary organizations, open to all persons able to use
their services and willing to accept the responsibilities of membership,
without gender, social, racial, political or religious discrimination.
2nd Principle: Democratic Member Control
Co-operatives are democratic organizations controlled by their members, who
actively participate in setting their policies and making decisions. Men and
women serving as elected representatives are accountable to the membership.
In primary co-operatives members have equal voting rights (one member, one
vote) and co-operatives at other levels are also organized in a democratic
manner.
3rd Principle: Member Economic Participation
Members contribute equitably to, and democratically control, the capital of
their co-operative. At least part of that capital is usually the common
property of the co-operative. Members usually receive limited compensation,
if any, on capital subscribed as a condition of membership. Members allocate
surpluses for any or all of the following purposes: developing their
co-operative, possibly by setting up reserves, part of which at least would
be indivisible; benefiting members in proportion to their transactions with
the co-operative; and supporting other activities approved by the
membership.
4th Principle: Autonomy and Independence
Co-operatives are autonomous, self-help organizations controlled by their
members. If they enter into agreements with other organizations, including
governments, or raise capital from external sources, they do so on terms
that ensure democratic control by their members and maintain their
co-operative autonomy.
5th Principle: Education, Training and Information
Co-operatives provide education and training for their members, elected
representatives, managers, and employees so they can contribute effectively
to the development of their co-ops. They inform the general public –
particularly young people and opinion leaders – about the nature and
benefits of co-operation.
6th Principle: Co-operation among Co-operatives
Co-operatives serve their members most effectively and strengthen the
co-operative movement by working together through local, national, regional
and international structures.
7th Principle: Concern for Community
Co-operatives work for the sustainable development of their communities
through policies approved by their members. |