Guiding Values of Co-operatives: The Manchester Principles Explained
Discover the Manchester Principles, established by the International Co-operative Alliance in 1995, defining essential values for co-operatives worldwide. Explore key principles like voluntary membership, democratic control, economic participation, autonomy, education, cooperation, and community focus.
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Presentation Transcript
Manchester Principles of Co- operatives Guiding Values of the Co-operative Movement
Introduction - The Manchester Principles were developed to define co-operative values and practices. - Established by the International Co-operative Alliance (ICA) in 1995. - They serve as a foundation for co-operatives worldwide.
1. Voluntary and Open Membership - Co-operatives are open to all people willing to accept responsibilities of membership. - No discrimination based on gender, social, racial, political, or religious factors.
2. Democratic Member Control - Co-operatives are democratic organizations controlled by their members. - Members actively participate in setting policies and making decisions. - Each member has equal voting rights (one member, one vote).
3. Member Economic Participation - Members contribute financially and control the capital of the co-operative. - A portion of the surplus is reinvested in the co-operative for growth and development. - Benefits are distributed fairly among members.
4. Autonomy and Independence - Co-operatives are independent organizations controlled by their members. - Any agreements with external organizations must maintain the democratic control of members.
5. Education, Training, and Information - Co-operatives provide education and training to members, employees, and communities. - Ensures informed participation and public awareness of co-operative values.
6. Cooperation Among Co- operatives - Co-operatives work together to strengthen the movement. - Local, national, and international collaboration helps promote growth and success.
7. Concern for Community - Co-operatives contribute to sustainable development of their communities. - They focus on social responsibility and ethical business practices.
Conclusion - The Manchester Principles guide co- operatives in achieving fairness and sustainability. - They promote democracy, equality, and social responsibility. - Co-operatives play a vital role in economic and social development.
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