Cooperatives:
Principles and practices in the 21st century
Kimberly A. Zeuli and Robert Cropp
ABOUT THE COVER IMAGE: The “twin pines” is a familiar symbol for cooperatives in the United States. The Cooperative League of the USA, which eventually became the National Cooperative Business Association (NCBA), adopted it as their logo in 1922. The pine tree is an ancient symbol of endurance and immortality. The two pines represent mutual cooperation—people helping people.
COOPERATIVES:
ii
Chapter 1
An introduction to cooperatives
1
Chapter 2
Historical development of cooperatives throughout the world
5
Chapter 3
Cooperative history, trends, and laws in the United States
59
Chapter 8
Procedures for organizing a cooperative
69
Chapter 9
A summary of cooperative benefits and limitations
77
Notes
81
Glossary
85
Cooperative resources
IN
49
Chapter 7
Cooperative financial management
PRACTICES
39
Chapter 6
Cooperative roles, responsibilities, and communication
&
27
Chapter 5
Alternative business models in the United States
PRINCIPLES
15
Chapter 4
Cooperative classification
Contents
Publication notes
89
THE
21ST
CENTURY
i
Publication notes
This publication is the fourth and most extensive revision of the Marvin A. Schaars’ text, Cooperatives,
Principles and Practices, University of Wisconsin
Extension—Madison, Publication A1457, July 1980.
What has come to be known simply as “the
Schaars book,” was originally written in 1936 by
Chris L. Christensen, Asher Hobson, Henry Bakken,
R.K. Froker, and Marvin Schaars, all faculty in the
Department of Agricultural Economics, University of Wisconsin—Madison. Since its first publication, the Schaars book has served as a basic reference for cooperative members and leaders, cooperative instructors and development specialists, and students of cooperatives throughout the United
States and world. It has been translated into several languages.
Although the Schaars book has been out of print
for