10 Facts About Co-operative economics

Cooperative economics is a field of economics that incorporates cooperative studies and political economy toward the study and management of cooperatives.

Cooperative Co-operative economics developed as both a theory and a concrete alternative to industrial capitalism in the late 1700s and early 1800s.

Jessica-Gordon Nembhard has produced one of the most thorough academic monographs on cooperative Co-operative economics entitled Collective Courage: A History of African American Cooperative Economic Thought and Practice, which looks at how African American communities organized to survive white nationalism, capitalism, and colonialism in the 20th century.

The ongoing success of cooperative Co-operative economics in providing more effective alternatives to capitalist firms was so significant by the 21st century that the United Nations Assembly.

Contemporary cooperative Co-operative economics has gained even further popularity since 2012, with numerous TED talks dedicated to the subject; they demonstrate how cooperative Co-operative economics is able to solve problems in housing, food, and poverty that modern industrial countries have so far been unable to solve.

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Elinor Ostrom, the first woman to receive the Nobel Prize in Co-operative economics, demonstrated the ability of cooperative enterprises and organizations to effectively manage environmental goods more than strictly political or market means.

Major historical debate in co-operative economics has been between co-operative federalism and co-operative individualism.

Co-operative economics Federalism is the school of thought favouring consumer co-operative societies.

Co-operative economics Individualism is the school of thought favouring workers' co-operatives.

Where the Co-operative economics Federalists argue for federations in which consumer co-operators federate and receive the monetary dividends, rather, in co-operative wholesale societies the profits would be paid as dividends to their workers.