Understand the cooperative business definition. Learn about the social and economic roles of cooperatives and see examples of cooperative...
Price scissors is a term that refers to a sustained change in the terms of trade between different goods or classes of goods. Often this can involve a country's drop in the price received for a developing economy’s agriculturalexports, while its manufactured goodsimportsrise in price or remai...
In a purely socialist system, all production and distribution decisions are made by the collective, directed by a central planner or government body. Worker cooperatives, however, are also a form of socialized production. Socialist systems tend to have robust welfare systems and social safety nets ...
Some examples of agribusinesses include farm machine manufacturers, such as Deere & Company (DE); seed and agrochemical manufacturers, such as Bayer; food processing companies, such as Archer-Daniels-Midland Company (ADM); farmer's cooperatives; agritourism companies; and makers ofbiofuels, animal f...
Blanc, the author of L’Organisation du travail (1839; The Organization of Labour), promoted a scheme of state-financed but worker-controlled “social workshops” that would guarantee work for everyone and lead gradually to a socialist society. Blanqui, by contrast, was a revolutionary who ...