The Rochdale Principles

The Rochdale Principles are a set of guidelines for cooperative businesses, established by the Rochdale Society of Equitable Pioneers in 1844. They promote values like voluntary membership, democratic control, and equitable distribution of profits. Key principles include user ownership, fair pricing, and community focus, ensuring that each member has a voice and shares in the benefits. These principles foster cooperation, social responsibility, and ethical practices, making cooperatives distinct from traditional businesses by prioritizing members' needs and interests over profit maximization.