In an era in which conventional models of finance and corporate governance are being called into question, perhaps it is time to revisit the alternative approach taken by economic cooperatives. In addition to a humane vision, cooperatives embody a pragmatic approach to production that could help to spur economic growth.
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WASHINGTON, DC – In an era in which conventional models of finance, corporate governance, and corporate responsibility are increasingly debated, if not called into question, it may be time to revisit the alternative approach taken by economic cooperatives. The foundational values of cooperatives embody not only a humane vision, but also a pragmatic approach to production that has enabled the successful ones to thrive – and to spur economic growth in countries that desperately need it.