Cooperative Economic Theory

Cooperative Economic Theory explores how individuals and organizations can work together in shared enterprises to achieve mutual benefits. Instead of competition, it emphasizes collaboration, collective ownership, and democratic decision-making to improve economic outcomes. This approach often involves worker cooperatives, community businesses, and mutual aid groups, aiming to create equitable wealth distribution, empower members, and foster sustainable development. By pooling resources and efforts, cooperatives seek to balance profit with social and environmental responsibilities, promoting resilience and inclusive growth within economies.