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The Capital Conundrum for Co-operatives
Published by: International Co-operative Alliance
Editors: Tan Suee Chieh and Chuin Ting Weber
What is this resource about?
This article argues that the problems of co-operative capital are due to a fundamental tension between the philosophy underpinning Co-operative Principles and that which frames the dominant economic and financial system. The authors suggest that there are three broad categories of solutions:
1. Adapt tactically and pragmatically, both accepting the realities of the dominant market-oriented framework and preserving current Co-operative Principles as they are.
2. Change the dominant market-oriented paradigm through advocacy and promotion of our co-operative philosophy and Principles as they are.
3. Shift the paradigm of our Co-operative Principles.