What Makes a Co-op Different?
The International Co-operative Alliance (ICA) defines the standards by which all co-ops should operate:
Cooperatives are based on the values of self-responsibility, self-help, democracy, equality, equity, and solidarity. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility, and caring for others.
The Seven Cooperative Principles
Co-ops worldwide share a common creed. They share a fundamental respect for all human beings and a belief in people’s capacity to improve themselves economically and socially through mutual help. This basic philosophy has been developed into a list of seven principles: