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Difference between revisions of "Cooperative conglomerate"

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A '''cooperative conglomerate''', also known as a '''super-mutual''' in the [[United Kingdom]], is a conglomerate of various [[cooperative]]s, often from more than one industry. These mutualized companies, often [[worker cooperative]]s, may join together under a larger cooperative governance for the stability and flexibility of the workforce; under such setups, as in the commonplace corporate conglomerates, workers will enjoy a larger social safety net for their skills and welfare in the larger cooperative if their jobs in one subsidiary co-op are made redundant, and can be easily transferred to other subsidiaries, while still retaining their rights and liberties as equal shareholders in the larger cooperative.
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In the case of the [[Mondragón Cooperative Corporation]], a major cooperative conglomerate in the [[Basque Country]], the conglomerate owns not only factories but also schools, grocery coops, and other schemes of social importance; the schools, including the Mondragón University's campuses, are used to train future or currently-redundant workers within the cooperative with necessary and liberal skills, making them capable for employment by one of the many subsidiary worker cooperatives within the larger corporation.
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==Potential relationships with other types of cooperatives==
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A worker cooperative conglomerate that expands into multiple industrial and non-industrial concerns could easily assimilate other types of cooperatives:
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* ownership of housing schemes and developments could lead to [[housing cooperative]]s among workers inside the coop
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** ownership of schools, colleges and universities could lead to student housing cooperatives within the larger coop (as well as [[students' union|student union]]ism)
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** [[building cooperative]]s for the self-building of such schemes and developments
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* ownership of agricultural properties will lead to [[agricultural cooperative]]s among designated workers in such-styled subsidiary coops
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** ownership of food properties will lead to [[food cooperative]]s among workers
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* ownership of utility properties will lead to [[utility cooperative]]s among workers within the coop
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* ownership of banking and insurance properties will lead to [[credit union]]s, [[mutual savings bank]]s and [[mutual insurance]] agencies among workers within the coop
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Ultimately, the cooperative conglomerate can turn many more consumers into workers or workers-in-waiting/apprentices, thus making it more numerically competitive to, or overlapping of, the [[consumer cooperative]] alignment. As most or all workers in the cooperative conglomerate are also customers of the various cooperatives inside the conglomerate, conglomeration of worker cooperatives gives a sense of self-sustenance to the welfares of the working participants.
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==See also==
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* [[multinational cooperative]]
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[[Category:Cooperatives]]
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Revision as of 20:14, 13 September 2010

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Regular updates are for reactionaries!