We continue our discussion this month about the cooperative-form of business and the seven cooperative principles.
Each month we’ll highlight one of the seven principles and explain what that means to a member-owned, not-for-profit organization like JOEMC. This month we’ll talk about Autonomy and Independence.
#4 Autonomy and Independence
Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.