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One example: Volksbank - a cooperative bank |
What is a cooperative?
Cooperatives are a special form of civic engagement - in Germany alone,
cooperatives today have around 21 million members. The "Idea and Practice
of Organizing Common Interests in Cooperatives" was included in 2016 as
Germany's first UNESCO nomination in the list of the immaterial cultural
heritage of mankind.
The cultural form of cooperatives did not originate entirely in Germany,
but has predecessors in Great Britain, France and Eastern Europe. Hermann
Schulze-Delitzsch and Friedrich Wilhelm Raiffeisen, however, laid decisive
foundations in Germany in the middle of the 19th century, which still have an
impact worldwide today.
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Supermarkets also exist als cooperatives
(picture with kind permission)
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The registered cooperative (eG) is one of the legal forms. The legal
form is what determines the legal framework of a business enterprise. It is a
successful business model that has been in existence for more than 160 years
and is typical for Germany. Therefore, it is also very widespread in this
country. More than every fifth citizen of our country is a member of such a
cooperative. There are about 5,500 of them. An important feature for the eG is
that its membership can be terminated by the member at any time.
These members of the cooperative join together with people who pursue
the same goal in order to achieve it more easily and quickly. This goal
includes one of the following areas: Economic, cultural or social.
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Agriculture is a common branch for cooperatives
(picture with kind permission)
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Example:
Suppose a farmer needs a tractor. He can only use it for a certain
period of time because of the harvest. Other farmers are in the same situation.
That's why they form a cooperative. Everyone pays a certain amount so that each
of them can use this tractor and it is worth it in terms of money, for example.
All pictures: A.Murmann CC BY-SA 4.0
All pictures: A.Murmann CC BY-SA 4.0
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