#60. Co-operation.# Among the measures proposed for improving the
position of workmen, the best is co-operation, if we understand by this
name #the uniting together of capital and labour#. The name co-operation
is used indeed with various meanings, and some of the arrangements
called by it have really nothing to do with what we are now considering.
#To co-operate means to work together# (Latin, _con_, together, and
_operor_, to work). About thirty-five years ago some workmen of
Rochdale, noticing the great profits made by shopkeepers in retail
trade, resolved to work together by buying their own supplies wholesale,
and distributing them amongst the members of the society which they
established. They called this #a co-operative society#, and a great
number of so-called co-operative stores have since been established.
Most of these are nothing but shops belonging to a society of
purchasers, who agree to buy at the store and divide the profits. They
have on the whole done a great deal of good by leading many men to save
money and to take an interest in the management of affairs. The stores
are also useful, because they compete with shopkeepers, and induce them
to lower their prices and to treat their customers better. We
frequently hear now of shops selling goods at #co-operative prices#.
But such co-operative societies have little or nothing to do with the
subject of capital and labour. Commonly these stores are conducted less
upon the true co-operative principle than ordinary shops. A shop is
usually managed by the owner or by a man who has a large interest in its
success, and has the best reasons for taking trouble. Co-operative
stores, on the contrary, are often managed by men who are paid by salary
or wages only, and have nothing to do with the profits and the capital
of the concern.
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