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The Extra | October 23, 2014 2 Highway 59 South Erhard, MN 200804 Extends to seat up to 20 people! All Amish bedroom sets 10% to 30% off. In stock or order. 3 The Extra | October 23, 2014 The Oxord English dictionary defnes the word “cooperative” as “a arm or business owned and run jointly by its mem- bers, with profts or benefts shared among them.” The term is urther defned as “involving mutual assistance in working towards a common goal.” It has long been believed that the combined eect o individual eort is greater than the sum o their separate parts. Over the past decade, this synergistic philosophy has spread across the country in the orm o co- operatives o all types. Ten years ago, there were slightly more than 21,000 co-ops in the United States. As o January, 2014, there are now over 30,000. One o the earliest co-ops was established in 1752 by Benjamin Franklin and is in operation to this day – the Philadelphia Contributorship or the In- surance o Homes rom Loss by Fire. The modern era o co-ops was modeled ater organizations that appeared in Europe in the late 18th and 19th centu- ries during the Industrial Revolution. As people moved rom arms into the growing cities, they had to rely on stores to eed their amilies because they could no longer grow their own ood. Working people had very little control over the quality o their ood or living conditions. As a result, early co-ops were set up as a way to protect the interests o the less powerul members o society – workers, consumers, armers, and producers. Although the co-op model was originally designed to protect its mem- bers, today’s co-op is more about helping each other grow and thrive in today’s economy. “Cooperatives are helpul in parts o the economy where there is little competition or where some business question has been let unsolved,” explained Gregory McKee, director o the Quentin Burdick Center or Cooperatives. “Cooperatives are one way to orm a business to solve com- mon problems as a community.” In addition to his duties as director, McKee is also a proessor at North Dakota State University in the Department o Agribusiness and Applied Eco- nomics. McKee’s interest in co-ops started with an awareness and apprecia- tion o credit unions and the way they dier rom commercial banks. That CO-OP MONTH | OCTOBER 2014 When you need a solution, COOPERATIVE MONTH: Innovate Cooperatively Nancy Carriveau and Shea Syverson rom The Hodo meet the newest addition to The Fonders Organic Dairy Farm during Prairie Roots Food Co-op’s Local Food Mystery Tour. By Jamee Larson I you want to be incrementally better, be competitive. I you want to be exponentially better, be cooperative. ~ Arthur Potts Dawson Coop on Page 4
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