INTRODUCTION:
The Values and Principles embraced by today’s worldwide co-operative movement have evolved from the ideals of the early co-operators of the 18th and 19th centuries. They are embodied in the Statement of Co-operative Identity published by the International Co-operative Alliance.
Definition
A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.
Co-operative Values
Co-operatives throughout the world share a set of values that give them their distinctive character.
Self-help
In co-operatives, people help each other whilst helping themselves by working together for mutual benefit.
Self-responsibility
Individuals within co-operatives act responsibly and play a full part in the organisation.
Democracy
A Co-operative will be structured so that members have control over the organisation – one member, one vote.
Equality
Each member will have equal rights and benefits (according to their contribution).
Equity
Members will be treated justly and fairly.
Solidarity
Members will support each other and other co-operatives.
Ethical Values
In the tradition of their founders, co-operative members believe in the ethical values of: Honesty, Openness, Social responsibility, Caring for others.
Principles
The co-operative principles are guidelines by which co-operatives put their values into practice.
1. Voluntary and Open Membership
Co-operatives are voluntary organisations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
2. Democratic Member Control
Co-operatives are democratic organisations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving
References: 1:http://ica.coop/en/whats-co-op/co-operative-identity-values-principles 2:http://www.co-op.ac.uk/about/values-and-principles/ 3: http://bcca.coop/content/principles