Tag Name "Cooperatives" (3)

Money at the service of life can be managed in the right way by cooperatives, on condition that it is a real cooperative where capital does not have command over men but men over capital.

In the late 19th century there was a major union organization, Knights of Labor, and also a radical populist movement based on farmers. It's hard to believe, but it was based in Texas, and it was quite radical. They wanted their own banks, their own cooperatives, their own control over sales and commerce.

Security was the demand which set in motion labour movements in history trade unions, friendly societies, consumer cooperatives were all about compensating for the impotence of individual resistance.