All cooperative businesses adhere to these seven guiding
principles:
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Voluntary
and Open Membership |
-
Cooperatives
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.
|
Democratic
Member Control |
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Cooperatives
are democratic organizations controlled by their
members, who actively participate in setting policies
and making decisions. The elected representatives
are accountable to the membership. In primary cooperatives,
members have equal voting rights (one member, one
vote) and cooperatives at other levels are organized
in a democratic manner.
|
| Members’
Economic Participation |
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Members
contribute equitably to, and democratically control,
the capital of their cooperative. At least part
of that capital is usually the common property of
the cooperative. 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 the cooperative,
possibly by setting up reserves, part of which at
least would be indivisible; benefiting members in
proportion to their transactions with the cooperative;
and supporting other activities approved by the
membership.
|
| Autonomy
and Independence |
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Cooperatives
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 cooperative autonomy.
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| Education,
Training, and Information |
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Cooperatives
provide education and training for their members,
elected representatives, managers, and employees
so they can contribute effectively to the development
of their cooperatives. They inform the general public,
particularly young people and opinion leaders, about
the nature and benefits of cooperation.
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| Cooperation
Among Cooperatives |
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Cooperatives
serve their members most effectively and strengthen
the cooperative movement by working together through
local, national, regional, and international structures.
|
| Concern
for Community |
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