A fellow member has just passed on to me a link to a very important story: The Story of Toad Lane.
It quickly outlines the horrible conditions that lead to the creation of the world's first cooperative.
Many factory owners organized general stores, where they sold goods at high prices. They forced the workers to shop there- and fired them if they did not.
The co-operative principles are guidelines by which co-operatives put their values into practice.
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