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Date: 2024-07-17 Page is: DBtxt003.php L0200-OG-COOPERATIVES
ORGANIZATIONS / INITIATIVES
COOPERATIVES
... also COLLECTIVES & MUTUALS

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About COOPERATIVES / COLLECTIVES / MUTUAL ORGANIZATIONS go to TOP

What is a cooperative?
A cooperative (also known as co-operative, co-op, or coop) is 'an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise'.[1]

'https://en.wikipedia.org/wiki/Cooperative'
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What is a collective?
A collective is a group of entities that share or are motivated by at least one common issue or interest, or work together to achieve a common objective.[citation needed] Collectives can differ from cooperatives in that they are not necessarily focused upon an economic benefit or saving, but can be that as well. For political purposes, a collective is defined by decentralized, or 'majority-rules' decision making styles.

'https://en.wikipedia.org/wiki/Collective'
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What is a mutual organization?
A mutual, mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality.
Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as a mutual.
A mutual exists with the purpose of raising funds from its membership or customers (collectively called its members), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members - it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pay income tax.[1]

'https://en.wikipedia.org/wiki/Mutual_organization'
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Types of groups
Collectives are sometimes characterised by attempts to share and exercise political and social power and to make decisions on a consensus-driven and egalitarian basis.
A commune or intentional community, which may also be known as a 'collective household', is a group of people who live together in some kind of dwelling or residence, or in some other arrangement (e.g. sharing land). Collective households may be organized for a specific purpose (e.g. relating to business, parenting, or some other shared interest).
Artist collectives, including musical collectives, are typically a collection of individuals with similar interests in producing and documenting art as a group. These groups can range in size from a few people to thousands of members. The style of art produced can have vast differences. Motivations can be for a common cause or individually motivated purposes. Some collectives are simply people who enjoy painting with someone else and have no other goals or motivations for forming their collective.
A Worker cooperative is a type of horizontal collectivism wherein a business functions as a partnership of individual professionals, recognizing them as equals and rewarding them for their expertise. The working collective aims to reduce costs to clients while maintaining healthy rewards for participating partners. This is accomplished by eliminating the operating costs that are needed to support levels of management.

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