Updating Cooperative Principles : Alex Bird

Alex Bird has an article i  “Why we need to update the Cooperative Principles” in Cooperative News and on his blog site which in the main are compatible with suggestions made on this blog/notebook.  These updated Cooperative principles seem inspired by the 10 Mondragon cooperative principles, which include the principle of capital or investment as a servant of labour and community and not as master. Another important principle he highlights is the principle of wage solidarity suggesting a human scale differential of 1:12 .  He also highlights the importance of healthy member engagement for cooperative enterprises, this includes member workers building up investments within the worker coops which are withdrawn at retirement. These conditions will help retain cooperative vitality. These revised principles if implemented might help inspire a revitalization of democratic enterprises in the UK and further afield.

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