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Cooperative Economics
Cooperative (or co-operative) economics is a field of economics that incorporates cooperative studies and political economy toward the study and management of cooperatives. History Cooperative economics developed as both a theory and a concrete alternative to industrial capitalism in the late 1700s and early 1800s. As such, it was a form of stateless socialism. The term "socialism," in fact, was coined in ''The Cooperative Magazine'' in 1827''.'' Such socialisms arose in response to the negative effects of industrialism, where various clergyman, workers, and industrialists in England, such as Robert Owen, experimented with various models of collective farming and community housing with varying degrees of success. This movement was often integrated with other progressive movements of the era such as women's suffrage and abolitionism. "British industrialist Robert Owen (1771–1858) founded a model factory town around his cotton mill and later established a model socialist communi ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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Mondragon Corporation
The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. It was founded in the town of Mondragon in 1956 by José María Arizmendiarrieta and a group of his students at a technical college he founded. Its first product was paraffin heaters. It is the seventh-largest Spanish company in terms of asset turnover and the leading business group in the Basque Country. At the end of 2016, it employed 74,117 people in 257 companies and organizations in four areas of activity: finance, industry, retail and knowledge. By 2019, 81,507 people were employed. Mondragon cooperatives operate in accordance with the Statement on the Co-operative Identity maintained by the International Co-operative Alliance. History In 1941, a young Catholic priest, José María Arizmendiarrieta settled in Mondragón, a town with a population of 7,000 that had not yet recovered from the poverty, hunger, exile, and tension of the Spanish Civil Wa ...
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Beatrice Webb
Martha Beatrice Webb, Baroness Passfield, (née Potter; 22 January 1858 – 30 April 1943) was an English sociologist, economist, socialist, labour historian and social reformer. It was Webb who coined the term ''collective bargaining''. She was among the founders of the London School of Economics and played a crucial role in forming the Fabian Society. Early life Beatrice Potter was born in Standish House in the village of Standish, Gloucestershire, the last but one of the nine daughters of businessman Richard Potter and Laurencina Heyworth, a Liverpool merchant's daughter; Laurencina, was friends for a time with the prolific Victorian novelist, Margaret Oliphant during the 1840s. Both women were campaigned in Liverpool at the time (See Margaret Oliphant Autobiography Edited by Elizabeth Jay, page 25-26). Her paternal grandfather was Liberal Party MP Richard Potter, co-founder of the ''Little Circle'' which was key in creating the Reform Act 1832. From an early age Webb ...
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Charles Gide
Charles Gide (; 1847–1932) was a French economist and historian of economic thought. He was a professor at the University of Bordeaux, at Montpellier, at Université de Paris and finally at Collège de France. His nephew was the author André Gide. Academic work An initiator of the ''Revue d'économie politique'' in 1887, Gide was a proponent of the French historical school of economics. Gide was one of the few endorsers of Léon Walras, as they shared a social philosophy, social activism, and disdain for the "Manchester-style" economics of the ''journalistes''."History of Economic Thought"
, The French Liberal School Website. Note: The French Liberal School had lost interest in serious economic theory by the 1830s.


Social activism

During the early 1880s Gide worked with Édouard de ...
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Pierre-Joseph Proudhon
Pierre-Joseph Proudhon (, , ; 15 January 1809, Besançon – 19 January 1865, Paris) was a French socialist,Landauer, Carl; Landauer, Hilde Stein; Valkenier, Elizabeth Kridl (1979) 959 "The Three Anticapitalistic Movements". ''European Socialism: A History of Ideas and Movements from the Industrial Revolution to Hitler's Seizure of Power''. University of California Press. pp. 59, 63. "In France, post-Utopian socialism begins with Peter Joseph Proudhon. .. roudhonwas the most profound thinker among pre-Marxian socialists."Eatwell, Roger; Wright, Anthony (1999). ''Contemporary Political Ideologies'' (2nd ed.). London: Continuum. p. 82. .Newman, Michael (2005). ''Socialism: A Very Short Introduction''. Oxford University Press. p. 15. .Docherty, James C.; Lamb, Peter, eds. (2006). ''Historical Dictionary of Socialism''. Historical Dictionaries of Religions, Philosophies, and Movements. 73 (2nd ed.). Lanham, Maryland: The Scarecrow Press. p. 284. . See also Lamb, Peter (2015). ''H ...
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Robert Owen
Robert Owen (; 14 May 1771 – 17 November 1858) was a Welsh textile manufacturer, philanthropist and social reformer, and a founder of utopian socialism and the cooperative movement. He strove to improve factory working conditions, promoted experimental socialistic communities, and sought a more collective approach to child rearing, including government control of education. He gained wealth in the early 1800s from a textile mill at New Lanark, Scotland. Having trained as a draper in Stamford, Lincolnshire he worked in London before relocating aged 18 to Manchester and textile manufacturing. In 1824, he moved to America and put most of his fortune in an experimental socialistic community at New Harmony, Indiana, as a preliminary for his Utopian society. It lasted about two years. Other Owenite communities also failed, and in 1828 Owen returned to London, where he continued to champion the working class, lead in developing cooperatives and the trade union movement, and support c ...
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Federal Home Loan Banks
The Federal Home Loan Banks (FHLBanks, or FHLBank System) are 11 U.S. government-sponsored banks that provide liquidity to the members of financial institutions to support housing finance and community investment. Overview The FHLBank System was chartered by Congress in 1932, during the Great Depression. It has a primary mission of providing member financial institutions with financial products/services which assist and enhance the financing of housing and community lending. The 11 FHLBanks are each structured as cooperatives owned and governed by their member financial institutions, which today include savings and loan associations (thrifts), commercial banks, credit unions and insurance companies. Each FHLBank is required to register at least one class of equity with the SEC, although their debt is not registered. A benefit of FHLBank membership is access to liquidity through secured loans, known as advances, which are funded by the FHLBanks in the capital markets from the is ...
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National Consumer Cooperative Bank
The National Cooperative Bank is a congressionally chartered cooperative bank in the United States created by the National Consumer Cooperative Bank Act of 1978 (Pub.L. 95-351). National Cooperative offers banking products and services to cooperatives, their members and social organizations nationwide. The bank was created to address the financial needs of an underserved market. NCB is an advocate for America's cooperatives and their members, placing special emphasis on serving the needs of communities that are economically challenged. NCB has focused on community revitalization. The employment of the cooperative model in the development of business contains access to affordable health care and affordable housing. Capital Impact Partners was the non-profit community development financial institution A community development financial institution (US) or community development finance institution (UK) - abbreviated in both cases to CDFI - is a financial institution that provides cre ...
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National Cooperative Grocers Association
National Co+op Grocers (NCG) is a business services cooperative for retail cooperative grocery stores located throughout the United States. NCG offers franchise-like services to food co-ops that help businesses optimize operational and marketing resources, offering coordinated branding; access to loans through a partnership with Capital Impact Partners; and bulk buying rates through the United Natural Foods (UNFI). NCG's headquarters are located in Saint Paul, Minnesota, home to a number of Food Cooperatives, such as Wedge Community Co-op, as well as the historic Minnesota Food Cooperative Wars. , NCG represents 148 independent food cooperatives operating more than 200 stores in 38 states with combined annual sales of over $2.4 billion and over 1.3 million consumer owners. See also * List of food cooperatives The following is a list of food cooperative grocery stores and buyers groups, current and defunct. Many of the second-wave food cooperatives formed in the 1960s and 19 ...
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Nobel Prize In Economic Sciences
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered by the Nobel Foundation. Although not one of the five Nobel Prizes which were established by Alfred Nobel's will in 1895, it is commonly referred to as the Nobel Prize in Economics. The winners of the Nobel Memorial Prize in Economic Sciences are chosen in a similar way, are announced along with the Nobel Prize recipients, and the prize is presented at the Nobel Prize Award Ceremony. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. It is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences.
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Elinor Ostrom
Elinor Claire "Lin" Ostrom (née Awan; August 7, 1933 – June 12, 2012) was an American Political science, political scientist and Political economy, political economist whose work was associated with New institutional economics, New Institutional Economics and the resurgence of political economy. In 2009, she was awarded the Nobel Memorial Prize in Economic Sciences for her "analysis of economic governance, especially the commons", which she shared with Oliver E. Williamson. She was List of Nobel Memorial Prize laureates in Economics, the first woman to win the Nobel Prize in Economics. After graduating with a B.A. and Ph.D. in political science from UCLA, Ostrom lived in Bloomington, Indiana, Bloomington, Indiana, and served on the faculty of Indiana University Bloomington, Indiana University, with a late-career affiliation with Arizona State University. She was a Distinguished Professor at Indiana University and the Arthur F. Bentley Professor of Political Science and co-dire ...
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Coop
Coop, COOP, Co-op, or ''variation'', most often refers to: * A chicken coop or other enclosure * Cooperative or co-operative ("co-op"), an association of persons who cooperate for their mutual social, economic, and cultural benefit ** Housing cooperative, e.g., a co-op apartment in a co-op apartment building ** Building cooperative ** Food cooperative or "food co-op" * Prison, in slang * Cooperative video game, "co-op mode" in video games * Co-operative board game Coop, COOP or Co-op may also refer to: Arts and entertainment * ''Coop! The Music of Bob Cooper'', a 1959 album * ''The Co-op'', a 1980s singer-songwriter cooperative that formed the ''Fast Folk'' musical magazine Fictional characters * Coop (''Charmed''), a fictional character from the television series ''Charmed'' and its franchise. * Cooper Bradshaw, in the soap opera ''Guiding Light'', nicknamed "Coop" * Marissa Cooper, in the television series ''The O.C.'', nicknamed "Coop" * Coop, in the animated televisio ...
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