An Introduction to Cooperation and Mutualism

Abstract

Subject: This textbook introduces readers to the idea of cooperation and mutualism. Cooperatives and mutuals are participatory organizations in which members participate in control and governance, receive economic benefits through patronage refunds or net income, and become owners through equity. These mutual-benefit organizations exist alongside non-profit organizations and investor-benefit organizations through the global economy. PrefaceIntroductionChapter One: Cooperatives and Mutuals are Firms -- The success of a firm lies in its ability to have clear property rights. -- Who owns a firm? -- Corporate governance -- Cooperatives are an example of a closely-held firm -- References -- Chapter Two: Cooperatives and mutuals are participatory organizations -- Cooperative principles and policies -- Participation in benefits -- Participation in ownership -- Participation in control. -- Principles of cooperation -- Formation of cooperatives -- Reference