Jessica Gordon Nembhard Collective Courage

Total Page:16

File Type:pdf, Size:1020Kb

Jessica Gordon Nembhard Collective Courage jessica gordon nembhard COLLECTIVE COURAGE a history of african american cooperative economic thought and practice COLLECTIVE COURAGE 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd i 22/27/14/27/14 22:41:41 PPMM 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd iiii 22/27/14/27/14 22:41:41 PPMM jessica gordon nembhard COLLECTIVE COURAGE A HISTORY OF AFRICAN AMERICAN COOPERATIVE ECONOMIC THOUGHT AND PRACTICE the pennsylvania state university press university park, pennsylvania 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd iiiiii 22/27/14/27/14 22:41:41 PPMM Library of Congress Cataloging-in-Publication Data Gordon Nembhard, Jessica, 1956– , author. Collective courage : a history of African American cooperative economic thought and practice / Jessica Gordon Nembhard. p. cm Summary: “Chronicles the achievements and challenges of African American collective economic action and social entrepreneurship in the struggle for civil rights and economic equality”—Provided by publisher. Includes bibliographical references and index. ISBN 978-0-271-06216-7 (cloth : alk. paper) 1. African Americans—Economic conditions. 2. Cooperative societies—United States—History. 3. Cooperation—United States—History. I. Title. E185.8.G674 2014 330.90089'96073—dc23 2013042173 Copyright © 2014 Th e Pennsylvania State University All rights reserved Printed in the United States of America Published by Th e Pennsylvania State University Press, University Park, PA 16802-1003 Th e Pennsylvania State University Press is a member of the Association of American University Presses. It is the policy of Th e Pennsylvania State University Press to use acid-free paper. Publications on uncoated stock satisfy the minimum requirements of American National Standard for Information Sciences—Permanence of Paper for Printed Library Material, ANSI Z39.48–1992. Th is book is printed on paper that contains 30% post-consumer waste. 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd iivv 22/27/14/27/14 22:41:41 PPMM To Curtis Haynes Jr. for vision, pioneering work, collegiality, and friendship. He asked some of the original questions and planted the seed. And to my children, Stephen Milete A. Nembhard and Susan Rosa A. Gordon Nembhard, for being genuinely interested, embracing the vision, and yet again allowing me to be so distracted. Susan Rosa, also, for designing several versions of a cover for this book. 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd v 22/27/14/27/14 22:41:41 PPMM 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd vvii 22/27/14/27/14 22:41:41 PPMM Contents Acknowledgments ix Introduction: A Continuous and Hidden History of Economic Defense and Collective Well-Being 1 part i: early african american cooperative roots 27 1 Early Black Economic Cooperation: Intentional Communities, Communes, and Mutual Aid 31 2 From Economic Independence to Political Advocacy: Cooperation and the Nineteenth-Century Black Populist Movement 48 3 Expanding the Tradition: Early African American–Owned “Cooperative” Businesses 60 part ii: deliberative cooperative economic development 79 4 Strategy, Advocacy, and Practice: Black Study Circles and Co-op Education on the Front Lines 85 5 Th e Young Negroes’ Co-operative League 112 6 Out of Necessity: Th e Great Depression and “Consumers’ Cooperation Among Negroes” 126 7 Continuing the Legacy: Nannie Helen Burroughs, Halena Wilson, and the Role of Black Women 148 8 Black Rural Cooperative Activity in the Early to Mid-Twentieth Century 172 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd vviiii 22/27/14/27/14 22:41:41 PPMM viii contents part iii: twentieth-century practices, twenty-first-century solutions 189 9 Th e Federation of Southern Cooperatives: Th e Legacy Lives On 193 10 Economic Solidarity in the African American Cooperative Movement: Connections, Cohesiveness, and Leadership Development 213 Time Line of African American Cooperative History, 1780–2012: Selected Events 239 Notes 251 References 263 Index 303 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd vviiiiii 22/27/14/27/14 22:41:41 PPMM Acknowledgments Th is has been more than a ten-year project and has taken up much of my academic career. Th erefore, almost everyone in my life has had to hear about the book or wait on me while I reedited or submitted yet another ver- sion. Most of the public presentations I have made have been about the book, so many audiences have listened patiently as I talked about the proj- ect. Many people have expressed kind interest in this book, and I’ve received several off ers of book parties. So there are many people to thank. If I have forgotten anyone, please blame it on aging and overwork, and not on inten- tional oversight. Th is has been a cooperative eff ort. Heartfelt thanks—for faith and friendship and for always believing that the book would be fi nished and would be great—go out to many people in my life, especially the following: j. jerome hughes (“How can I help to make sure the book gets done?”)—for myriad small and large gestures and tasks, free research assistance, and edito- rial advice. dominic moulden—for moral support and for reading the entire manu- script at least once! ajowa nzinga ifateyo—for always providing information and insight, sup- port, and especially ideas for promotion and dissemination. curtis haynes—for inspiring me to ask the question, for eternal intellectual inquiry, and for modeling the praxis. moussa walker foster—for faith, genuine interest, research, and editing. tom pierson—for adding my interests to yours and always sharing your great research. 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd iixx 22/27/14/27/14 22:41:41 PPMM x acknowledgments melinda chateauvert—for indescribable generosity in sharing personal research that provided essential historical perspective on the Ladies’ Auxiliary. clyde woods—for incredible insights, wisdom, and historical perspective, and for introducing me to the cooperative side of Fannie Lou Hamer. faye williams—for always asking about the book and reminding me of my priorities. I am indebted to my family and friends for their spiritual support and inspi- ration. My parents, Drs. Susan E. G. Gordon and Edmund W. Gordon, have always supported me in every way possible and continuously believed in me—their love and wisdom have been indispensable. My children are my inspiration and my purpose. Additional friends have enriched the book and my life in countless ways: Rosemarie Maldonado, Audrey Gillette, Rubie Coles, ShepsaraAmenamm Berry, Tania Abdulahad, Mary Helen Washing- ton, Elsa Barkley Brown, Rosemary Ndubuizu, Tanya Mitchell Lander, Khalil Tian Shahyd, Valerie O. Pang, Bob Stone, Christina Clamp, Gary Dymski, Sonia Pichardo, Michael Johnson and the members of the Grassroots Eco- nomic Organizing Collective, and the members of Organizing Neighborhood Equity DC. I am grateful to my research assistants: T. J. Learman, who was there at the beginning and found some of the original information from Crisis magazine and other publications, Christelle Onwu, Dwayne Pattison, Chryl Laird, Charlotte Otabor, Morgan Diamond, Nigel Greaves, Laura Blackwood, and Mike McGuire (who read through all the FSC annual reports). In-kind support and generous information also came from the Federa- tion of Southern Cooperatives/Land Assistance Fund: John Zippert, Ajamu Nangwaya, Ralph Paige, George Howell, Heather Gray, Jerry Pennick, Melbah Smith, and Myra Bryant. Financial and academic support was generously provided by the Univer- sity of Saskatchewan Centre for the Study of Co-operatives and its director, Lou Hammond Ketilson (with support from CURA and SHHRC grants from the Canadian government); the Howard University Economics Department and the Center on Race and Wealth (and their directors, Rodney Green, Charles Betsey, and William Spriggs), which provided several research grants and a research assistant (with Ford Foundation grants to the Center on Race and Wealth); a PSC-CUNY 2012–13 research grant and the PSC union con- tract, which includes course buyouts, at City University of New York (through John Jay College); the John Jay College Provost’s Offi ce (through the Research Foundation of CUNY) for research support; the Africana Studies Department 118517-Gordon_CollectiveCourage.indd8517-Gordon_CollectiveCourage.indd x 22/27/14/27/14 22:41:41 PPMM acknowledgments xi at John Jay College, CUNY, and its chair, C. Jama Adams; the African Ameri- can Studies Department at the University of Maryland, College Park, and its director at the time, Sharon Harley; the Democracy Collaborative at the Uni- versity of Maryland, College Park; and the University of Wisconsin Center for Cooperatives in Madison (USDA research grant). Many thanks to Sandy Th atcher, my fi rst editor at Pennsylvania State Uni- versity Press, for always believing me when I promised to meet a deadline, and for maintaining his enthusiasm. Th anks to Kendra Boileau for seeing it through to the end and to Robert Turchick and the rest of the editorial staff at Penn State Press. Th anks to my anonymous reviewers. In addition, thanks to the many, many others who have shared information, provided study tours, showed interest, asked about the book, or invited me to speak about the sub- ject, including Carlos Perez de Alejo, Nicole Marín Baena, Melissa Hoover, Ed Whitfi eld, and the National Cooperative Business Association, the Canadian Association
Recommended publications
  • Populism: a Puzzle Without (And For) World- Systems Analysis Leslie C
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by The Open Repository @Binghamton (The ORB) Binghamton University The Open Repository @ Binghamton (The ORB) Sociology Faculty Scholarship Sociology 2018 Populism: A Puzzle Without (and for) World- Systems Analysis Leslie C. Gates Binghamton University--SUNY, [email protected] Follow this and additional works at: https://orb.binghamton.edu/sociology_fac Part of the Sociology Commons Recommended Citation Gates, Leslie C., "Populism: A Puzzle Without (and for) World-Systems Analysis" (2018). Sociology Faculty Scholarship. 6. https://orb.binghamton.edu/sociology_fac/6 This Article is brought to you for free and open access by the Sociology at The Open Repository @ Binghamton (The ORB). It has been accepted for inclusion in Sociology Faculty Scholarship by an authorized administrator of The Open Repository @ Binghamton (The ORB). For more information, please contact [email protected]. JOURNAL OF WORLD-SYSTEMS RESEARCH ISSN: 1076-156X | Vol. 24 Issue 2 | DOI 10.5195/JWSR.2018.849 | jwsr.pitt.edu SYMPOSIUM: POPULISMS IN THE W ORLD-SYSTEM Populism: A Puzzle Without (and for) World-Systems Analysis Leslie Gates Binghamton University [email protected] Abstract This essay shows how world-systems analysis provides a more rigorous explanation for the recent rise of disparate populisms, countering negative stereotypes of mainstream accounts that obscure how formative populist leaders emerged from authentic progressive movements which challenged capitalists. Existing analyses have also failed to specify the varied economic projects of populists, their likely social bases and their relationships to world markets. The essay recommends relational comparisons of populists to unravel populism’s puzzles and advance world-systems analysis.
    [Show full text]
  • HISTORY and DEVELOPMENT of AGRICULTURAL COOPERATIVES in OHIO DISSERTATION Presented in Partial Fulfillment of the Requirements F
    HISTORY AND DEVELOPMENT OF AGRICULTURAL COOPERATIVES IN OHIO DISSERTATION Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State University By WILLIAM TAFT RICHIE, B. S., M. S. The Ohio State University 1958 Approved by: Adviser Department of Agricultural Economics and Rural Sociology ACKNOWLEDGMENTS I am grateful to all the people who have helped to make this manuscript possible. A special word of appre­ ciation goes to Dr. George P. Henning, of the Department of Agricultural Economics and Rural Sociology, for his guidance and supervision. I also wish to thank Dr. Ralph W. Sherman and Dr. Virgil R. Wertz for their suggestions and assistance. My wife, Sadie, has been a source of inestimable help and encouragement at all times. To her I am indebted for the typing of this manuscript. ii TABLE OF CONTENTS CHAPTER PAGE I. INTRODUCTION................................. 1 Purpose and Scope of Study.............. Previous Studies........ 6 Source of Data ..................... 8 II. ECONOMIC PRINCIPLES AND CONCEPTS OF COOPERATIVES................................ 10 III. STATE AND FEDERAL LEGISLATIONS.............. lk- IV. DEVELOPMENT OF FARMER COOPERATIVES IN OHIO.. 21 Ohio Farmers Late in Organizing Cooperatives............................. 22 Farm Organizations............ 26 Number, Membership and Volume of Business................................. 39 V. DAIRY COOPERATIVES............... 57 Early Developments.......... 57 Some Factors Affecting Development and Growth................................... 61 Background Information of Some of the Associations Operating in Ohio Milksheds. 67 Ohio Milk Producers Federation.......... 82 Statistics and Trends in Dairy Coopera­ tives.................................... 82 VI. FRUIT AND VEGETABLE COOPERATIVES............ 89 Development of Fruit Cooperatives in Ohio..................................... 90 Development of Vegetable Cooperatives.... 92 Statistics and Trends...................
    [Show full text]
  • Antitrust Status of Farmer Cooperatives
    USDA Antitrust Status of Farmer Cooperatives: United States Department of Agriculture The Story of the Capper- Rural Business- Volstead Act Cooperative Service Cooperative Information Report 59 Abstract The Capper-Volstead Act provides a limited exemption from antitrust liability for agricultural producers who market the products they produce on a cooperative basis. Without Capper-Volstead, farmers who agree among themselves on the pric es they'll accept for their products and other terms of trade would risk being held in violation of antitrust law. Even with the exemption, agricultural producers are not free to unduly enhance the prices they charge, consolidate with or collaborate in anticompetitive conduct with nonproducers, or engage in conduct with no legitimate business purpose that is intended to reduce competition. Keywords: cooperative, antitrust, Capper-Volstead Act, law ________________________________________ Antitrust Status of Farmer Cooperatives: The Story of the Capper-Volstead Act Donald A. Frederick Program Leader Law, Policy & Governance Rural Business-Cooperative Service U.S. Department of Agriculture Cooperative Information Report 59 September 2002 RBS publications and information are available on the Internet. The RBS w eb site is: http://www.rurdev.usda.gov/rbs Preface Antitrust law poses a special challenge to agricultural marketing associations. Certain conduct by independent business people-- agreeing on prices, terms of sale, and whom to sell to--violates the Sherman Act and other antitrust statutes. And these are the very types of collaborative activities that agricultural producers conduct through their marketing cooperatives. Since 1922, the Capper-Volstead Act has provided a limited antitrust exemption for agricultural marketing associations. Producers, through qualifying associations, can agree on prices and other terms of sale, select the extent of their joint marketing activity, agree on common marketing practices with other cooperatives, and achieve substantial market share and influence.
    [Show full text]
  • Parliamentary Debates (Hansard)
    Thursday Volume 513 15 July 2010 No. 33 HOUSE OF COMMONS OFFICIAL REPORT PARLIAMENTARY DEBATES (HANSARD) Thursday 15 July 2010 £5·00 © Parliamentary Copyright House of Commons 2010 This publication may be reproduced under the terms of the Parliamentary Click-Use Licence, available online through the Office of Public Sector Information website at www.opsi.gov.uk/click-use/ Enquiries to the Office of Public Sector Information, Kew, Richmond, Surrey TW9 4DU; e-mail: [email protected] 1069 15 JULY 2010 1070 what can be done to speed up transactions. I know that House of Commons my right hon. Friend the Minister for Housing is looking at ways to speed up the introduction of e-conveyancing. Thursday 15 July 2010 Dr Alan Whitehead (Southampton, Test) (Lab): Why has the Secretary of State decided, alongside the abolition The House met at half-past Ten o’clock of HIPs, that energy performance certificates should no longer be required at the point when a house is initially viewed for purchase? Does he intend to downgrade the PRAYERS importance of those as well? [MR SPEAKER in the Chair] Mr Pickles: Gracious, no—indeed, under our green deal, energy certificates will perform a much more important role. They will be about bringing the price of energy down and ensuring that somebody with a house Oral Answers to Questions that has a good energy certificate does well, because we want to get houses on to the market. We will insist that the energy certificate be commissioned and in place before the sale takes place. It is about speeding things COMMUNITIES AND LOCAL GOVERNMENT up—the hon.
    [Show full text]
  • Activity 6 [COOPERATIVES in the SCHOOLS]
    Day 1 – Activity 6 [COOPERATIVES IN THE SCHOOLS] Activity 6 - Cooperative Facts Time: 20 minutes Objective: Students will learn some basic history and facts about cooperatives. Step 1: Instruct students to take out their handouts called “Cooperative Fact Sheets.” Give them 3-5 minutes to read them silently to themselves. Step 2: Tell students that they will play, “Find the Fact”. Have each material handler come up and get a white board for each cooperative. If the teacher does not have white boards, then have the reporter take out a notebook and a marker. Tell students that each group will get 30 seconds to find the answer to a fact question and write it on their whiteboard or notebook. At the end of the 30 seconds, each team will hold up their answers and accumulate points for each correct fact found. Team will use their “Cooperative Fact Sheet” to help them with this game. Step 3: Give an example so that students understand the game. “Who is the founding father that organized the first successful US cooperative in 1752?” After 30 seconds, call time and have students hold up their answers. For the teams who wrote, “Benjamin Franklin” say, these teams would have gotten one point. Write the team names on the board to keep track of points. Step 4: When teams understand the rules, begin the game. Below are sample questions/answers: 1. What year was the first cooperative in Wisconsin formed? A: 1841 2. What is the word that means, “The money left over after you pay all your expenses?” A: profit 3.
    [Show full text]
  • A Day in the Life of Cooperative America
    A DAY IN THE LIFE OF COOPERATIVE AMERICA A Project of the National Co-op Month Committee COOPERATIVE PRINCIPLES Cooperatives follow seven internationally recognized principles as adopted in 1995 by the International Cooperative Alliance. The National Cooperative Business Association lists these as: 1. Voluntary and Open Membership Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination. 2. Democratic Member Control Cooperatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary cooperatives, members have equal voting rights (one member, one vote) and cooperatives at other levels are organized in a democratic manner. 3. Member Economic Participation Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. They usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing the cooperative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership. 4. Autonomy and Independence Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.
    [Show full text]
  • Mapping: Key Figures National Report: United Kingdom Ica-Eu Partnership
    MAPPING: KEY FIGURES NATIONAL REPORT: UNITED KINGDOM ICA-EU PARTNERSHIP TABLE OF CONTENTS I. INTRODUCTION AND CONTEXT ........................................................................... 2 i. Historical background ........................................................................................... 2 ii. Public national statistics ....................................................................................... 4 iii. Research methodology......................................................................................... 5 II. KEY FIGURES ......................................................................................................... 6 iv. ICA member data ................................................................................................. 7 v. General overview .................................................................................................. 7 vi. Sector overview .................................................................................................... 8 III. GRAPHS................................................................................................................. 11 vii. Number of cooperatives by type of cooperative: ............................................... 11 viii. Number of memberships by type of cooperative: .............................................. 12 ix. Number of employees by type of cooperative: .................................................. 13 x. Turnover by type of cooperative in EUR: ..........................................................
    [Show full text]
  • Articles Cooperative Enterprise As an Antimonopoly Strategy
    ART 1 - COOPERATIVE ENTERPRISE (DO NOT DELETE) 10/22/2019 4:02 PM Articles Cooperative Enterprise as an Antimonopoly Strategy Sandeep Vaheesan* & Nathan Schneider† ABSTRACT After decades of neglect, antitrust is once again a topic of public debate. Proponents of reviving antitrust have called for abandoning the narrow consumer welfare objective and embracing a broader set of objectives. One essential element that has been overlooked thus far is the ownership structure of the firm itself. The dominant model of investor- owned business and associated philosophy of shareholder wealth maximization exacerbate the pernicious effects of market power. In contrast, cooperative ownership models can mitigate the effects of monopoly and oligopoly, as well as advance the interests of consumers, workers, small business owners, and citizens. The promotion of fair competition among large firms should be paired with support for democratic cooperation within firms. Antitrust law has had a complicated history and relationship with cooperative enterprise. Corporations threatened by cooperatives have used the antitrust laws to frustrate the growth of these alternative businesses. To *Legal Director, Open Markets Institute. †Assistant Professor, Department of Media Studies, University of Colorado Boulder. The authors thank Lauren Bridges, Michelle Meagher, Sanjukta Paul, and Ganesh Sitaraman for thoughtful feedback on earlier drafts of this Article. 1 ART 1 - COOPERATIVE ENTERPRISE (DO NOT DELETE) 10/22/2019 4:02 PM 2 PENN STATE LAW REVIEW [Vol. 124:1 insulate cooperatives from the antitrust threat, Congress has enacted exemptions to protect cooperative entities, notably a general immunity for farm cooperatives in the 1922 Capper-Volstead Act. As part of an agenda to tame corporate monopoly, all three branches of the federal government and the states should revisit these ideas and seek to protect and enable the cooperative model across the economy.
    [Show full text]
  • Conscience of a Black Conservative: the 1964 Election and the Rise of the National Negro Republican Assembly
    Conscience of a Black Conservative: The 1964 Election and the Rise of the National Negro Republican Assembly The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters Citation Wright Rigueur, Leah. 2009. Conscience of a Black Conservative: The 1964 Election and the Rise of the National Negro Republican Assembly. Federal History Journal 1: 32-45. Published Version http://shfg.org/shfg/wp-content/uploads/2011/01/4-Wright-final- design-pp32-45.pdf Citable link http://nrs.harvard.edu/urn-3:HUL.InstRepos:24890953 Terms of Use This article was downloaded from Harvard University’s DASH repository, and is made available under the terms and conditions applicable to Other Posted Material, as set forth at http:// nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of- use#LAA Federal History 2009 Wright Conscience of a Black Conservative: The 1964 Election and the Rise of the National Negro Republican Assembly 1 Leah M. Wright In the immediate aftermath of the election of 1964, no group was more visibly alienated by the candidacy of Barry Goldwater than the black electorate. Abandoning the Republican Party en masse, black voters cast 94 percent of their votes to Lyndon Johnson in the national election. The percentage was a stunning decrease from the 32 percent Richard Nixon received in his 1960 loss to John F. Kennedy, and the 39 percent that Dwight Eisenhower amassed during his 1956 re- election over Democratic candidate Adlai Stevenson. 2 Black voters rejected Goldwater’s brand of poli - tics for many reasons, most notably the Arizona senator’s outspoken support for states’ rights and opposition to the Civil Rights Act of 1964.
    [Show full text]
  • USC Dornsife in the News Archive - 2015
    USC Dornsife in the News Archive - 2015 December Wednesday, December 23, 2015 CBS News featured research presented by John Platt of USC Dornsife College to the American Geophysical Union that may explain mysterious fault lines. Platt said when two faults collide, they may merge like a zipper, instead of breaking past one another. "It may solve some long-standing and intractable problems concerning the timing and displacement on faults," he said. EdTech wrote about a $2.7 million U.S. Department of Education grant for a digital game project by Daphna Oyserman, Dean’s Professor of Psychology and professor of psychology, education and communication. Oyserman will work with the nonprofit McREL, game developer Filament Games, and the South Centeral Colorado Board of Cooperative Education Services to build and test the game based on Oyserman's "identity-based motivation" for teens. The Wall Street Journal ran an op-ed by Dan Schnur, director of the Jesse M. Unruh Institute of Politics, about Sen. Lindsey Graham's decision to end his presidential campaign. Tuesday, December 22, 2015 The Nation highlighted research by Manuel Pastor, Turpanjian Chair in Civil Society and Social Change and professor of sociology and American studies and ethnicity, and colleagues on the economic impact of Prop. 13 in California. If Prop. 13 was reformed so that commercial and industrial properties were taxed at market rate, the state could generate between $8.2-10.2 billion. Pastor noted that Prop. 13 affects younger Californians - who are predominantly non-white - more than older, more established residents. Daily Mail featured research by Margaret Gatz, professor of psychology, gerontology and preventive medicine, and Andrew Petkus, a postdoctoral researcher in psychology, along with colleagues finding that long-term anxiety can increase the risk for dementia.
    [Show full text]
  • Principles and Practices in the 21St Century
    A1457 Cooperatives: Principles and practices in the 21st century Kimberly A. Zeuli and Robert Cropp ABOUT THE COVER IMAGE: The “twin pines” is a familiar symbol for cooperatives in the United States.The Cooperative League of the USA, which eventually became the National Cooperative Business Association (NCBA), adopted it as their logo in 1922.The pine tree is an ancient symbol of endurance and immor- tality.The two pines represent mutual cooperation—people helping people. C OOPERATIVES: q Publication notes ii C ont Chapter 1 1 An introduction to cooperatives Chapter 2 5 ents Historical development of cooperatives throughout the world Chapter 3 15 Cooperative history, trends, and laws in the United States Chapter 4 27 Cooperative classification Chapter 5 39 Alternative business models in the United States Chapter 6 49 Cooperative roles, responsibilities, and communication Chapter 7 59 Cooperative financial management Chapter 8 69 Procedures for organizing a cooperative Chapter 9 77 A summary of cooperative benefits and limitations Notes 81 Glossary 85 Cooperative resources 89 PRINCIPLES & PRACTICES IN THE 21ST CENTURY i Kimberly Zeuli and Robert Cropp, Assistant Publication notes Professor and Professor Emeritus in the This publication is the fourth and most extensive Department of Agricultural and Applied revision of the Marvin A. Schaars’ text, Cooperatives, Economics, University of Wisconsin—Madison, Principles and Practices, University of Wisconsin are responsible for all of the editing and most Extension—Madison, Publication A1457, July 1980. of the revised text. The following individuals What has come to be known simply as “the also contributed to various chapters: Schaars book,” was originally written in 1936 by David Erickson, Director of Member Relations, Chris L.
    [Show full text]
  • Cooperative Banks: International Evidence Part of Nef's Stakeholder
    Cooperative banks: International evidence Part of nef’s Stakeholder Banks series nef is an independent think-and-do tank that inspires and demonstrates real economic well-being. We aim to improve quality of life by promoting innovative solutions that challenge mainstream thinking on economic, environmental and social issues. We work in partnership and put people and the planet first. nef (the new economics foundation) is a registered charity founded in 1986 by the leaders of The Other Economic Summit (TOES), which forced issues such as international debt onto the agenda of the G8 summit meetings. It has taken a lead in helping establish new coalitions and organisations such as the Jubilee 2000 debt campaign; the Ethical Trading Initiative; the UK Social Investment Forum; and new ways to measure social and economic well-being. Contents Executive Summary 2 1. What are Cooperative Banks? 4 2. The case for Cooperative Banks 7 2.1 The impact of cooperative ownership 7 2.2 A greater focus on high-street banking and branch services 8 2.3 Inclusive banking for SMEs and individuals 9 2.4 Long-term thinking and stable profits 11 2.5 Stability in a crisis: consistent lending and prudent management 12 3. What criticisms are typically made of the sector? 15 3.1 Cooperatives cannot quickly raise large amounts of capital 15 3.2 They are not as democratic as they claim to be 15 3.3 They act like commercial banks, but less successfully 16 3.4 They struggle to remove ineffective or opportunistic managers 17 3.5 Cooperatives are inefficient 17 4.
    [Show full text]