Genossenschaften

Genossenschaften, or cooperatives, are organizations owned and operated jointly by their members, who share common economic, social, or cultural interests. Members contribute resources or capital and benefit from the collective services or products provided, often at better terms than they could achieve alone. Examples include housing cooperatives, agricultural cooperatives, and credit unions. The primary goal is to serve members' needs rather than generate profit, with decisions made democratically. This structure fosters mutual support, shared responsibility, and community engagement, promoting sustainable and equitable economic activities aligned with members' interests.