Re:What happens when a culture is driven by the need for mon...
by mindcrime on Thursday November 12, 2015 @11:00PM
(#10557939)
Sure, and I'm not here to argue the fine details of how coops are organized. My point is only that there are elements of a market economy that differ from the traditional "profits first, maximize shareholder value, evil corporation". Cooperatives are just one example of a somewhat different model. Actual "non profit" corporations, and "public benefit corporations" are also examples of that.
but don't they normally pay a dividend in the USA?
And you are not going to run a high capital coop like a telco or electricity company with out making a decent excess of income over expenditure to service you capital needs