Co-op movement

The Co-op movement refers to a system where groups of individuals come together to meet their shared economic, social, and cultural needs through collective ownership and democratic management. Originating in the early 19th century, cooperatives operate on principles of mutual aid, equality, and community benefit. Members typically contribute to the cooperative and share in its profits, which are usually reinvested or distributed based on participation. This model can be seen in various sectors, including retail, agriculture, and housing, promoting local economies and empowering individuals through collaboration rather than competition.