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Co-op Values & Principles

Co-op Values and PrinciplesCo-ops are based on values not unlike those we subscribe to individually, including self-responsibility, democracy, equality, honesty and social responsibility.

In addition to these common values, seven basic principles serve as guidelines to provide a democratic structure for co-ops around the world. While adoption of these principles is not required, most co-ops choose to adopt them for their business.

The seven principles are:

Ownership (who owns the co-op)

  1. Voluntary and open membership
  2. Democratic member control

Decision making (how decisions are made in a co-op)

  1. Member economic participation
  2. Autonomy and independence

Special Practices (the ways co-ops put their beliefs into action)

  1. Education, training and information
  2. Cooperation among cooperatives
  3. Concern for community

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