Cooperative | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-03-25

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Cooperative


00:02:08 1 Origins and history
00:09:40 2 Meaning
00:09:48 2.1 Identity
00:09:57 2.1.1 Coop principles and values
00:10:50 2.1.2 Coop Marque and domain
00:11:58 2.2 Cooperatives as legal entities
00:13:37 3 Economic stability
00:14:30 3.1 In Europe
00:15:48 3.2 In North America
00:15:57 3.2.1 In the United States of America
00:16:52 3.2.2 In Canada
00:17:52 4 Types of cooperatives
00:18:16 4.1 Consumers' cooperative
00:18:44 4.1.1 Retail cooperative
00:19:12 4.1.2 Housing cooperative
00:21:00 4.1.3 Utility cooperative
00:22:03 4.1.4 Credit unions, cooperative banking and co-operative insurance
00:23:48 4.2 Worker cooperative
00:25:44 4.2.1 Business and employment cooperative
00:26:53 4.3 Purchasing cooperative
00:28:14 4.4 Producer cooperative
00:29:45 4.5 Multi-stakeholder cooperatives
00:30:04 4.5.1 Social cooperative
00:32:39 4.5.2 New generation cooperative
00:33:35 4.6 Other
00:33:43 4.6.1 Platform cooperative
00:34:46 4.6.2 Volunteer cooperative
00:35:42 4.7 Federal or secondary cooperative
00:36:25 4.7.1 Cooperative union
00:37:00 4.7.2 Cooperative political movements
00:37:28 4.7.2.1 UK
00:38:14 4.7.2.2 Philippines
00:38:41 5 Women in cooperatives
00:40:00 6 Cooperatives in popular culture



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SUMMARY
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A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise". Cooperatives may include:

businesses owned and managed by the people who use their services (a consumer cooperative)
organizations managed by the people who work there (worker cooperatives)
multi-stakeholder or hybrid cooperatives that share ownership between different stakeholder groups. For example, care cooperatives where ownership is shared between both care-givers and receivers. Stakeholders might also include non-profits or investors.
second- and third-tier cooperatives whose members are other cooperatives
platform cooperatives that use a cooperatively owned and governed website, mobile app or a protocol to facilitate the sale of goods and services.Research published by the Worldwatch Institute found that in 2012 approximately one billion people in 96 countries had become members of at least one cooperative. The turnover of the largest three hundred cooperatives in the world reached $2.2 trillion.Cooperative businesses are typically more economically resilient than many other forms of enterprise, with twice the number of co-operatives (80%) surviving their first five years compared with other business ownership models (41%). Cooperatives frequently have social goals which they aim to accomplish by investing a proportion of trading profits back into their communities. As an example of this, in 2013, retail co-operatives in the UK invested 6.9% of their pre-tax profits in the communities in which they trade as compared with 2.4% for other rival supermarkets.Since 2002 cooperatives and credit unions could be distinguished on the Internet by use of a .coop domain. Since 2014, following International Cooperative Alliance's introduction of the Cooperative Marque, ICA cooperatives and WOCCU credit unions can also be identified by a coop ethical consumerism label.