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SEPTEMBER 2018

The September edition of Co-op News looks at how co-ops cab maintain co-operative values and principles while operating in competitive markets and how this can be a challenge for large co-ops. We examine current research into what influences a co-op’s take on the traditional values of self-help, self-responsibility, democracy, equality, equity and solidarity.

The September edition of Co-op News looks at how co-ops cab maintain co-operative values and principles while operating in competitive markets and how this can be a challenge for large co-ops. We examine current research into what influences a co-op’s take on the traditional values of self-help, self-responsibility, democracy, equality, equity and solidarity.

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The social enterprise asked 25,000 customers<br />

to pay €325 each in advance for the world’s first<br />

ethical smartphone, which they were ready to do,<br />

even though it was a new organisation which had<br />

never built a phone before. The initiative raised<br />

€8m and turned a profit after releasing its first<br />

handset, which enabled it to produce a second,<br />

larger batch the following year, and eventually to<br />

develop the Fairphone 2.<br />

“We need to find a way to match or replicate<br />

these collaborations that is consistent with<br />

co-op values,” said Mr Woodell.<br />

Co-ops are less risky by nature, he added, partly<br />

because they have a culture of volunteering,<br />

collaboration, and open-source – and present fewer<br />

moral hazards.<br />

“We are innovators and if we have the right<br />

projects, there may be possibility of state<br />

support,” he told delegates.<br />

The conference also explored potential<br />

mechanisms to raise the start-up capital to<br />

develop platforms without compromising<br />

co-operative values. One suggestion was to<br />

issue tokens: people could buy them in advance,<br />

contributing to the co-op’s start-up capital. The<br />

enterprise would then issue tax credits and attach<br />

these to a digital system when the member is<br />

using the service provided by the co-op.<br />

Another idea is to pay profits in a digital currency<br />

that could then be reinvested.<br />

Simon Borkin, programme development lead<br />

at Co-operatives UK, recommended federated<br />

decentralised solutions and creating local co-op<br />

markets where people want to use capital locally.<br />

Delegates agreed that while having one central<br />

entity managing a global platform was not the<br />

best option, more collaboration within the sector<br />

was needed for platform co-operative projects.<br />

Mapping the co-operative and solidarity economy<br />

A number of projects are under way to create<br />

common comprehensive directories to link the<br />

co-operative movement together.<br />

Cooperatives Europe, the regional office of the<br />

International Co-operative Alliance, is working<br />

on Means4End, a map of platform co-operatives<br />

in Europe. Project officer Louis Cousin said this<br />

will be a one-stop source for platform goods and<br />

services in Europe, It needs funding of €1m, which<br />

Cooperatives Europe has yet to secure.<br />

“We are entering an era of data,” said Mr Cousin.<br />

“We want to use the movement of open data to<br />

provide digital services that would make it useful<br />

for organisations and co-ops to feed data.”<br />

One co-op is already mapping tech<br />

organisations. Member-owned and run, the<br />

Digital Life Collective researches, develops, funds<br />

and supports Tech We Trust: technologies that<br />

prioritise autonomy, privacy and dignity.<br />

Co-founder Laura James said the co-op is<br />

developing multiple maps of decentralised tech<br />

and technology organisations that can be trusted.<br />

“We think maps are useful when decentralised<br />

in their curation” she added. “We want to<br />

represent the richness of organisations.”<br />

Meanwhile, the Solidarity Economy Association<br />

is looking to map solidarity economy initiatives.<br />

Its chair, Colm Massey, said the map shows local<br />

and national organisations.<br />

Getting access to information about local<br />

solidarity economy organisations can be difficult,<br />

he added, but the association is looking to<br />

form a steering group to lead the project. Those<br />

interested in taking part can write to Mr Massey at<br />

colm@solidarityeconomy.coop.<br />

Dr Rory Ridley-Duff, professor of Co-operative<br />

Social Entrepreneurship at Sheffield Hallam<br />

Business School, highlighted the difficulties in<br />

trying to map similar organisations, particularly<br />

around agreeing a definition across languages.<br />

Mapping is also a core part of Open Co-op’s<br />

mission. It wants to build a comprehensive<br />

directory and map of all organisations within<br />

the co-operative, collaborative and solidarity<br />

economies. Co-founder Oliver Sylvester-Bradley<br />

said that, while trying to map individuals is hard<br />

due to GDPR legislation, mapping organisations<br />

is not.<br />

“This is going to be achieved by creating a<br />

shared scheme and we all agree what to publish<br />

on it,” he said.<br />

p Speakers Louis Cousin, Laura James, Colm Massey and Tom Ivey<br />

26 | <strong>SEPTEMBER</strong> <strong>2018</strong>

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