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Rochdale PrinciplesThe Rochdale Principles are a set of ideals for the operation of cooperatives. It was first set out by the Rochdale Equitable Pioneers Society in 1844. Original Version, 1844 - Open membership.
- Democratic control (one man, one vote).
- Distribution of surplus in proportion to trade.
- Payment of limited interest on capital.
- Political and religious neutrality.
- Cash trading (no credit extended).
- Promotion of education.
- Open, voluntary membership.
- Democratic governance.
- Limited return on equity.
- Surplus belongs to members.
- Education of members and public in cooperative principles.
- Cooperation between cooperatives.
- Voluntary and open membership.
- Democratic member control.
- Member economic participation.
- Autonomy and independence.
- Education, training, and information.
- Cooperation among cooperatives.
- Concern for community.
Also see Rochdale College (an Canadian experiment in Rochdale principles) External Links
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