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Co-operative values and principles
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Like all businesses, co-operatives want to trade successfully – they are businesses. Members, such as consumers or farmers, tenants or taxi drivers, can often do better by working together. And sharing the profit is a way to keep it fair and make it worthwhile.
Co-operatives share common, internationally recognised co-operative values and principles.
Co-operative values:
- Self help
- Self responsibility
Democracy- Equality
- Equity
- Solidarity
Co-operative ethical values:
- Honesty
- Openness
- Social responsibility
- Caring for others
Co-operative principles are:
- Voluntary and open membership
- Democratic member control
- Member economic participation
- Autonomy and independence
- Education, training and information
- Co-operation among co-operatives
- Concern for community
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