A co-operative is a business that is owned and run by and for members, using democratic processes to give all members a say. Co-ops are generally value-driven and concerned with member livelihoods but not necessarily with profits.The
Those involved in co-ops generally recognise the key values and principles agreed in the international Statement on the Co-operative Identity, Values, and Principles.
If participatory democracy and collective action appeal to you, then you might find that co-operatives are a fitting way for you to pursue your economic goals.
There are many types of co-operatives:
In general, all co-operative members have roles that combine financial and strategic governance with direct participation, for example as a grower, manufacturer, worker, or producer.