Meet the largest co-operative Bank in Latin America

Damn, it is really weird to me why people in the left sphere are so shy about arguing in favor of co-ops against neoliberals for example. When there are tens and hundreds of thousands of co-ops in almost every country. There are a LOT of examples, and a lot of variety. A lot of ways for them to get investment, to work, to manage, etc, etc.

For example, apparently according to Destiny, co-ops are dumb and can't have investment because socialism BAD!! Socialists are hippies that don't know Economics 101 and don't watch rick and morty and have a big brain like me!

Even if co-ops couldn't take regular investments like a capitalist institution, they don't give a shit, they are not soy creatures like Destiny, so they fund and create their own credit unions, or Financial Coops. That provide that needed investment. One example is this:

Picture of a lovely bank that is run by dumb leftists employees

A bank full of hippie dumb lefties that don't know Economics 101, that lasted for 42 years and counting, wow, it must be because Pete Buttigieg is secretly running the company in the shadows! only a smart guy like Picke Destiny can run a company, not dumb leftists!!

Banco Credicoop

Banco Credicoop was established in 1979 through the merger of 44 Argentine credit unions. This was motivated largely by the adverse effect Economy Minister José Alfredo Martínez de Hoz's Financial Entities Law of 1977 had on this sector (From the US backed dictatorship btw). The policy encouraged commercial banks in Argentina to offer high-yield, exotic investments by extending the Central Bank's guarantee to losses accrued from these financial vehicles. This practice collapsed between 1980 and 1982, however, and hundreds of unregulated, non-banking financial institutions, as well as numerous banks, closed.[2][3] Today, Banco Credicoop is Argentina's eleventh-largest bank by total assets and ninth-largest by deposits (US$

... keep reading on reddit ➡

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The 2 sides in my WW3 Scenario: NAIPTO (North Atlantic, Indian and Pascific Treaty Ortanization) and the International Co Operative Commune
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TIL Psychology research shows that people love to hate do-gooders (especially at work). Highly co-operative and generous people can attract hatred and social punishment, especially in competitive circumstances. news.uoguelph.ca/2018/07/…
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👤︎ u/Snushine
📅︎ Dec 26 2020
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TripleJump Podcast 117: Couch Co-Op: Are Local Co-Operative Games Due A Comeback? youtube.com/watch?v=ph6RO…
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Israel Aerospace Industries Elta Systems' Passive Coherent Location (PCL) system uses non-co-operative transmitters like FM radio stations or Digital Audio Broadcasting towers whose emissions reflect off aircraft overhead to detect, locate, and track non-emitting targets reddit.com/gallery/n25lqi
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👤︎ u/Cropitekus
📅︎ Apr 30 2021
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"Co-op slashes the price of plant-based food in quest for net zero emissions | Co-operative Group | The Guardian" amp.theguardian.com/busin…
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👤︎ u/Whilps
📅︎ May 05 2021
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How do you solve a problem like the Co-operative Party?

Excuse my cringy sound of music reference title and apologies for how long this article is. It's well worth a read so if you have the time pls do read the whole thing - it's an issue I'm extremely interested in and would love to hear the community's thoughts on. Anyway without further ado, enjoy!

A bit of background

The Co-operative Party irl is a completely independent party registered with the electoral commission. It has its own national executive council, staff, membership, and ofc parliamentarians. It has its own manifesto and policy agenda which it works to enact. Its roots to an extent precede that of the Labour Party. Founded in 1917, it is the political arm of the cooperative movement which goes back much further to the 1800s and the establishment of the Coop movement in the UK. It elected its first MP under the Co-op Party banner in 1918, however since 1927 under the Cheltenham agreement it has had an electoral alliance with the Labour Party meaning you can be part of both and have to stand as Labour and Co-op in elections.

The context here is important. Let's not make any pretence that this is some sort of faction or affiliated society. The Labour Party recognises it has a partnership with the Co-op party (often calling it a sister party), not observing it to be a relationship of complete dominance or that the coop party is some satellite party. Some may say "Labour can advocate for coops too". That may be true, but the coop party solely exists to advance the agenda it was established to serve: to be the pure and unchallenged political arm of the cooperative movement, which is actually where it gets its funding from largely. Believe me as a member of both parties irl I can see the difference this makes, and without coop voices the Labour Party would be a much darker place. As this quote in a left foot forward article states:

"In the 20th Century, Co-operative MPs were instrumental in securing for example some of the first environmental and consumer legislation in the 1960s, the creation of a national Co-operative Development Agency in the 1970s, legal recognition for credit unions in 1979, financial support for fairtrade in the 1990s, the creation of Supporters Direct to promote fan ownership in football and of co-operative schools in the 2000s, and the creation of a credit union for the armed forces and their families in 2012."

Sure Labour can do some of this stuff, but the point is it was down to Coop Party voices working alongside

... keep reading on reddit ➡

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👤︎ u/Model-Eddy
📅︎ Mar 18 2021
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Is it wrong to call your business a co-operative before you’ve incorporated/paid people?

I realize that every jurisdiction is different from a legal standpoint—for example, Denmark doesn’t have any co-op specific legislation, whereas each province of Canada does. And in Ontario, for instance, if you’re a worker co-op then you have to have co-op in your business’s name, and you can’t have the word co-op in your name if you’re registered as something other than a co-op in that province.

At the same time, there is no international body that declares what is and isn’t a true co-op, and it seems that many people feel that to be called a co-op you just have to follow the Rochdale Principles (and not even necessarily all of them). So if for instance your business isn’t incorporated yet and you haven’t formally paid any members during the startup phase, but you’ve been operating for ~1 year in accordance with the Rochdale principles, would it be wrong to tell people that you’re a co-operative, like maybe on your website or in person? In other words, at what point in your business’s timeline are you a valid co-op?

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Ubisoft’s Massive Entertainment on The Division 2 Lore, Gameplay, Story So Far, Co-Operative Versus Single-Player, and More in.ign.com/tom-clancys-th…
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👤︎ u/megaapple
📅︎ Mar 31 2021
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All these government politicians need to back off and make GUIDELINES & RECOMMENDATIONS only. No more mandatory rulez. Dissension will go down. Stop pushing things down people's throats. And in time, people may be more co-operative with reasonable requests. Stop treating people like little children
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Did you know that two-thirds (67.3%) of active non-financial co-operatives are consumer co-operatives? / Saviez-vous que deux tiers (67,3 %) des coopératives non financières en activité sont des coopératives de consommateurs?

Our newly released data show that, in 2019, there were 5,812 active non-financial co-operatives in Canada, an increase of 1.5% from 2018. Here are few more highlights:

  • These co-operatives generated $53.0 billion in total revenue, held $45.6 billion in total assets and employed 104,969 people.
  • Quebec had the largest share of active non-financial co-operatives (44.4%).
  • More than half of non-financial co-operatives operated in real estate and rental and leasing (33.6%), in wholesale and retail trade (14.2%), or in health care and social assistance (8.9%).

To learn more about Canada’s co-operative sector, check out our new article and infographic.

Article: https://www150.statcan.gc.ca/n1/daily-quotidien/210303/dq210303d-eng.htm

Infographic: https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2021022-eng.htm

[We are Canada’s national statistical agency. We are here to engage with Canadians and provide them with high-quality statistical information that matters!]

****

Nos données nouvellement diffusées indiquent qu’en 2019, il y avait 5 812 coopératives non financières en activité au Canada, ce qui représente une augmentation de 1,5 % par rapport à 2018. Voici quelques faits saillants :

  • Ces coopératives ont généré 53,0 milliards de dollars de revenus totaux, détenaient des actifs totaux d’une valeur de 45,6 milliards de dollars et employaient 104 969 personnes.
  • Québec affichait la plus grande part (44,4 %) de coopératives non financières en activité.
  • Plus de la moitié des coopératives non financières se trouvaient dans les industries des services immobiliers et des services de location et de location à bail (33,6 %), du commerce de gros et du commerce de détail (14,2 %) et des soins de santé et de l’assistance sociale (8,9 %).

Pour en savoir plus sur le secteur des coopératives au Canada, consultez notre nouvel article et notre infographie.

article: https://www150.statcan.gc.ca/n1/daily-quotidien/210303/dq210303d-fra.htm

infographie: https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2021022-fra.htm

*[Nous sommes l’organisme national de statistique du Canada. Nous sommes ici pour discuter avec les Canadiens et leur fournir des re

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👤︎ u/StatCanada
📅︎ Mar 03 2021
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Do you have an account in a co-operative bank? If yes, what's been your experience with it?

Are co-operative banks comparable in terms of stability to private banks? What's been the experience with co-operative banks? I'm looking for pros and cons so I can decide for some family members.

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👤︎ u/dumpster34
📅︎ Apr 10 2021
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Uncover dark Cold War experiments that unleash a new Zombie threat to take on in frightening and intense co-operative gameplay with friends. twitter.com/CODTracker/st…
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If worker co-operatives can be competitive and have less worker exploitation, why are they uncommon today?

What is the reason for this? It seems logical that if there is no business owner skimming profits from the company, a worker co-op would have better ability both to produce goods more cheaply and to have higher wages/ standard of working environment for laborers.

As Bakunin stated in The Capitalist System:

>Isn't administrative work also productive work? No doubt it is... But from the point of view of justice and the needs of production itself, it is not at all necessary that this work should be monopolized in my hands... The co-operative associations already have proven that workers are quite capable of administering industrial enterprises, that it can be done by workers elected from their midst and who receive the same wage. Therefore if I concentrate in my hands the administrative power, it is not because the interests of production demand it, but in order to serve my own ends, the ends of exploitation.

I realize that for some sectors, economies of scale or barriers to entry may mean that this is not practically possible. However, there are a lot of areas where small and medium sized businesses can be successful, from restaurants to construction companies to hairdressers. Why aren't more of these businesses organized cooperatively, and is there anything stopping us from introducing more of them now (even within the constraints of current society)?

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Uncover dark Cold War experiments that unleash a new Zombie threat to take on in frightening and intense co-operative gameplay with friends. twitter.com/CODTracker/st…
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[NOT OP] I got rear ended in October, the driver fled the scene. I got a police report and 911 call, and their insurance denied my claim because the driver was "not being co-operative". What can i do about it? /r/legaladvice/comments/j…
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co-operative housing society members not paying up maintenance.

hey guys, so the society I have been living in, few of the flat owners are not paying up their accumulated maintenance after repeated mentions, what do you think society can do in this matter to collect the maintenance from them?

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👤︎ u/much_wow97
📅︎ Jan 21 2021
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TIL Psychology research shows that people love to hate do-gooders (especially at work). Highly co-operative and generous people can attract hatred and social punishment, especially in competitive circumstances. news.uoguelph.ca/2018/07/…
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👤︎ u/whackri
📅︎ Jan 02 2021
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Hello fellow Co-operators! START: Co‑operative Thinking, Co‑operative Learning. New course from the Co-op College you might be interested in (please remove if not allowed!) co-op.ac.uk/Event/start-c…
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📅︎ Feb 19 2021
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Is One Deck Dungeon Your Next Co-operative Game? | Ours, Played oursplayed.buzzsprout.com…
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👤︎ u/ZPalms67
📅︎ Mar 12 2021
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TIL of Cooperative housing or Borettslag where instead of a landlord, the property is built and owned by a co-operative association which is owned by the tenants. Instead of paying rent to a landlord, you pay back on the communal debt. en.wikipedia.org/wiki/Hou…
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Chapter 33: Patchwork Industrial Speaker Stand Research Co-Operative
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Can co-operative housing society committee members not actually reside in the building

TL;DR. can the chairman, secretary and other managing committee posts be held by members who own the flat, but not actually reside in the flat?

We have a flat in Mumbai, which we currently do not reside in. Although my sister plans to move in. The said building has been in talks for redevelopment for several years but hasn't progressed much. I am just starting to actively look in the matter and I think I see the problem. I think our chairman, secretary and some of the committee members do not reside in the building. One lives in the neighborhood, some in a different town and one is even out of country for a good portion of the year. The building is about 40 years or so old with lots of deffered maintenance (reason being talks about redevelopment, so no one wants to put in the money to repair either). There are still several units that are owner occupied...

I am curious to know if there are any rules under the Maharashtra co-operative society act or similar undertaking that prevents non occupying members from holding position in the office..it seems silly that people who don't have skin in the game are holding cards and overall slowing down the progress.

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Giving Co-Operatives the tools they need to succeed
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Co-operative masturbation?
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📅︎ Dec 21 2020
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Idea for a Co-operative effort to evolve a language and try to simulate as well as possible language evolution (and see how the language ends up).

I have been thinking about this idea a lot lately, so thought I would present it to see if more people would be interested. I also believe there have been tries before, but still it is something I would be interested in.

Now for The Idea:

The idea would be getting a group of conlangers, the more the merrier but I have no exact amount of people in mind. Then to divide ourselves, with a first group making a first proto language, then 3 people (for example) each taking the language and creating 3 evolved languages from it.

At this point the proto language would be similar to Proto indo-european for example, and the evolved languages would be Proto Arian, Proto Italian, and Proto Germanic for example. Which then would each be taken by other different people to evolve them. This step would then be repeated as many times as possible depending on the amount of people participating. But every time there would be at least 2 sister languages, with the possible exception of the last step. The objective of this is to see the comparison of the languages side by side and how they change, so only evolving 1:1 would defeat the purpose.

The objective would be realism (the fact that different people are taking the language each step without knowing what it looked like in its proto state, and without say in how it evolves once they pass it on should help make things a little more unpredictable just like in real life).

So basically someone passes you a language to which you apply any evolution you want and which you then give to other people that will continue evolving it their own way.

Other Extras:

The basic idea is just your classical create a language and a bunch of people evolve it, but there is more to my idea (again totally depending on the amount of people that are interested.) These would be:

  • To have a map of the continent, where each person can get an idea of where the people that speak the language are at. The idea would be to only have communication with people around you, and so for language exchange to happen with only the neighbors. I would need the help of Worldbuilders/mapmakers to do this so every person can be given a certain region without trouble, and in a way that makes sense.
  • To imitate actual human history. Giving each group a certain time frame. So the first language would happen in the paleo-mesolithic, the next group in the neolithic, bronze age... etc. So every person always finds some words missing for what their a
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📅︎ Sep 22 2020
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COCASTAR Co-OPERATIVE

DAWNSTAR PERSONAL INSOLVENCY AGENCY

Member of the COCA STAR Co-OPERATIVE

Calling all solo wh capsuleers and solo / small wh corporations!!!!!

TOGETHER WE ARE STRONGER

The COCA STAR Co-OPERATIVE is not a corp or an alliance (yet). We share maps, bookmarks and offer support to one another in any and all aspects of wh life. We are looking for capsuleers to join us either by bringing your own corp or joining one of ours.

We offer residence in our C3/Ls, access to our structures, support and help. You may anchor your own structures or not, you may participate in pvp groups or not.

All we ask is that we share comms and all local intel such as bookmarks and pathfinder maps. Other than this, you are free to do as you please, This is the core of our co-operative.

If you are new to wh life, we will be very happy to offer all the training u need to get by.

Please contact me any time for more info

o7

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👤︎ u/SaturniusN
📅︎ Mar 07 2021
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Come grab your Halloween treats!! 99 North Oval, Westdale. Raising money for Westdale Co-operative Preschool
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📅︎ Oct 31 2020
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WHY CO-OPERATIVES? – Co-operation in Mesopotamia mesopotamia.coop/why-co-o…
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👤︎ u/Esperaux
📅︎ Jan 27 2021
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CES(Co-operative election Study poll), PA: BIDEN+8, NC:Biden+4, FL:Biden+2, GA:Biden+1, Texas: Trump+2
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📅︎ Nov 01 2020
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A belated Merry Christmas. Tried to get some nice pics of my boys with their presents, Archie was very co-operative, Alfie was not. reddit.com/gallery/kn8r0f
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📅︎ Dec 30 2020
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Co-operative store, 1930s
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📅︎ Sep 19 2020
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I'm wanting to raise awareness of socialist co-operatives by mailing flyers out - critique my flyer?

I'm wanting to at least make people think about worker-owned co-operatives and how they would benefit from membership. So, I'm going to pop a small (and recyled) paper flyer into some of my neighbourhood's letterboxes to get 'em thinking.

I'm looking for critique on my draft design; keeping in mind that the flyers will be a small A7 (~100mm-70mm)

Here it is!

(feel free to use the flyer!)

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📅︎ Jul 12 2020
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Customers at a co-operative confectionery, 1957
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📅︎ Dec 10 2020
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How socialists created a co-operative commonwealth in the American midwest and how you can be involved in building a global co-operative commonwealth now! mutualinterest.coop/2020/…
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📅︎ Dec 22 2020
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I would love it if we could stop with the selfish goals in otherwise co-operative modes.

I would really love it if we could stop with the selfish or even downright competitive goals in bounties in scenarios that should be otherwise co-operative.

You shouldn't haven't compete with your own team members for kill credit in a multiplayer game in 2020.

You shouldn't have some people throwing crucible or gambit matches because their bounties told them to kill with a specific weapon or to go for 15 motes all the time.

It causes so much unnecessary friction and frustration.

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📅︎ Jan 30 2020
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Multiplayer Dwarf Fortress is now a reality. (Co-operative mode, aka several players controlling independent screens) bay12forums.com/smf/index…
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👤︎ u/jedfpp
📅︎ Apr 27 2020
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Pygmy falcon territories are occasionally inhabited by groups, where there are more than two adults living together and tending nestlings. There are four potential reasons for this behaviour: defence, co-operative polyandry, delayed dispersal of offspring and cooperation, and warmth.
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📅︎ Apr 30 2020
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Reform under crisis: RBI finally gets control on all co-operative banks

One main reason cited for co-op bank issues is the dual control and the fact that many operational aspects of them are under the state governments. Last year, RBI got control of the larger co-op banks. FY21 budget speech mentioned that this would extend to all co-op banks. An ordnance is likely to be passed to enable this.

Source: https://www.livemint.com/industry/banking/govt-decides-to-bring-co-operative-banks-under-rbi-through-an-ordinance-11592992900620.html

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👤︎ u/srinivesh
📅︎ Jun 24 2020
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