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10 Cards in this Set

  • Front
  • Back
Democracy
One member one vote
democracy
Open Membership
Open to anyone
open membership guaranteed an influx of new member to ensure democracy
Fixed and limited interest on capital
interest doesnt rise or fall with profits
Cash trading only
paying for products then and there
Pure unadulterated goods
commercial honesty
Buyer and seller as friends with suspicion
Education of members
1848 newsroom and book department
by 1850 running own school
Political and religious neutrality
political and religious neutrality
Conc
Because they gained an economic reward they continued to trade together.
Robert Owen influence
influenced rochdale pioneers
believed in putting his workers in a good environment
access to education for workers and their children
Dr william king
King believed in starting small, and realized that the working classes would need to set up co-operatives for themselves, so he saw his role as one of instruction. He founded a monthly periodical called The Co-operator,[9] the first edition of which appeared on 1 May 1828. This gave a mixture of co-operative philosophy and practical advice about running a shop using cooperative principles. King advised people not to cut themselves off from society, but rather to form a society within a society