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    History of the cooperative movement

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    msistarted0

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    Join date : 2010-11-09

    History of the cooperative movement

    Post by msistarted0 on Wed Jan 12, 2011 6:00 am

    The cooperative movement began in Europe in the 19th century, primarily in Britain and France, although The Shore Porters Society claims to be one of the world's first cooperatives, being established in Aberdeen in 1498 (although it has since demutualized to become a private partnership).[1] The industrial revolution and the increasing mechanization of the economy transformed society and threatened the livelihoods of many workers. The concurrent labor and social movements and the issues they attempted to address describe the climate at the time.

    The first consumer cooperative may have been founded on March 14, 1761, in a barely furnished cottage in Fenwick, East Ayrshire, when local weavers manhandled a sack of oatmeal into John Walker's whitewashed front room and began selling the contents at a discount, forming the Fenwick Weavers' Society.

    In the decades that followed, several cooperatives or cooperative societies formed including Lennoxtown Friendly Victualling Society, founded in 1812.[2]

    By 1830, there were several hundred co-operatives.[3] Some were initially successful, but most cooperatives founded in the early 19th century had failed by 1840.[4] However, Lockhurst Lane Industrial Co-operative Society (founded in 1832 and now Heart of England Co-operative Society), and Galashiels and Hawick Co-operative Societies (1839 or earlier, now Lothian, Borders & Angus Co-operative Society) still trade today.[5][6]

    It was not until 1844 when the Rochdale Society of Equitable Pioneers established the ‘Rochdale Principles’ on which they ran their cooperative, that the basis for development and growth of the modern cooperative movement was established.[7]

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