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Co-op News (August 2019)

What is co-operative culture - and why does it matter? This issue looks at how co-op values intersect with the values in organisations, across movements and between countries. Plus 100 years of the Channel Islands Co-operative – and how the new Coop Exchange app is tackling the capital conundrum.

What is co-operative culture - and why does it matter? This issue looks at how co-op values intersect with the values in organisations, across movements and between countries. Plus 100 years of the Channel Islands Co-operative – and how the new Coop Exchange app is tackling the capital conundrum.

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CO-OP CULTURE &<br />

RELIGION<br />

BY ANCa VOINEA<br />

GEORGE JACOB<br />

HOLYOAKE<br />

Around the world, religious groups<br />

are setting up co-<strong>op</strong>eratives to provide<br />

services for their local communities –<br />

which is fitting, because the co-<strong>op</strong> values<br />

of equality, social responsibility and<br />

caring for others resonate with the values<br />

of different faiths.<br />

In his 1996 Background Paper to the<br />

1995 Statement of <strong>Co</strong>-<strong>op</strong>erative Identity,<br />

Ian MacPherson noted that co-<strong>op</strong>eratives<br />

around the world “have devel<strong>op</strong>ed<br />

within a rich array of belief systems,<br />

including all the world’s great religions<br />

and ideologies”.<br />

And while Christian or Muslim<br />

communities are setting up credit unions<br />

as ethical alternatives to traditional<br />

banking institutions or payday lenders,<br />

secularists are ad<strong>op</strong>ting co-<strong>op</strong>eration as<br />

a substitute for religion.<br />

A 2016 report by the University of Bristol<br />

found that faith values are important to<br />

how and why faith organisations engage<br />

in providing assistance, activism or<br />

advocating alternative forms of finance,<br />

and these tend to drive holistic and<br />

personal approaches to addressing<br />

pe<strong>op</strong>le’s needs. According to the research,<br />

faith values can overlap with other faith<br />

and ethical values to enable successful<br />

forms of collaboration with others in<br />

relation to welfare, campaigning and<br />

devel<strong>op</strong>ing more ethical approaches<br />

t ofi n a n c e .<br />

Now famous all over the world for its<br />

federation of worker co-<strong>op</strong>eratives, the<br />

Mondragon co-<strong>op</strong>erative movement was<br />

founded by Jose Maria Arizmendiarrieta,<br />

a Catholic priest who wanted to help u<br />

32 | AUGUST <strong>2019</strong><br />

AUGUST <strong>2019</strong> | 29

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