October is Co-op Month across US
There are various types of businesses that operate as cooperatives, but according to the National Cooperative Business Association, they all are owned and democratically controlled by their members and are designed to serve those members. The members typically are the people who use the co-op’s services or buy its goods. According to the United States Department of Agriculture, there are 40,000 co-ops of all types in the country. Collectively, they pay out some $25 billion a year in wages. Here in Iowa, we are most familiar with the co-ops that run grain elevators and provide fuel ...