Its governance structure, known as the Rochdale Principles, is still a key guideline for the design of cooperatives. They were first set out by the Rochdale Society of Equitable Pioneers in Rochdale, United Kingdom, in 1844, and have formed the basis for the principles on which co-operatives around the world operate to this day . The Rochdale Society of Equitable Pioneers was founded in 1844 and was the basis for the modern co-operative movement. The Rochdale Principles were born out of the meetings of the Rochdale Society of Equitable Pioneers, a consumer organisation that was one of the world's first co-operatives. The idea of a co-operative is that the business is owned by its customers and everyone works together for a common goal, that of good service over the pursuit of profit. In 1844 a group of 28 artisans working in the cotton mills in the town of Rochdale, in the north of England established the first modern co-operative business, the Rochdale Equitable Pioneers Society. Rochdale Society of Equitable Pioneers, one of the first consumers' cooperatives, founded in 1844 in Rochdale, England, by 28 Lancashire weavers. Influenced by the theories of Robert Owen Owen, Robert, 1771–1858, British social reformer and socialist, pioneer in the cooperative movement. The Rochdale Principles are a set of ideals for the operation of cooperatives. The Rochdale Pioneers are regarded as the prototype of the modern co-operative society and the founders of the Co-operative Movement. Rochdale cooperative principles: 1. The Rochdale Society of Equitable Pioneers, founded in 1844, was an early consumer co-operative, and the first to pay a patronage dividend, forming the basis for the modern co-operative movement. The Rochdale Society of Equitable Pioneers was a group of 28; around half were weavers in Rochdale, Lancashire, England, that was formed in 1844. Media in category "Rochdale Society of Equitable Pioneers" The following 2 files are in this category, out of 2 total. Influenced by the theories of Robert Owen , they opened a grocery store that was so successful that they were able to establish a cooperative factory and textile mill (see cooperative movements ). 1844), promoters of co-operation, began with a capital of £28, and tradition therefore holds that there were twenty-eight Rochdale Pioneers who, in 1844, founded the society that inspired the modern co-operative movement.No consensus exists, however, about the composition of the group and over forty men have been named as members in various previous accounts. The Rochdale Society of Equitable Pioneers was a group of 28 that was formed in 1844. The original co-operative developed the Rochdale Principles which have also been accepted as the foundation of the principles on which co-operatives function to this day. Rochdale Pioneers (act. [1] Although other cooperatives preceded them, [2] the Rochdale Pioneers' co-operative became the prototype for societies in Great Britain. The Rochdale Society of Equitable Pioneers, founded in 1844, was an early consumer co-operative, and one of the first to pay a patronage dividend, forming the basis for the modern co-operative movement. Although other co-operatives preceded them, the Rochdale Pioneers' co-operative became the prototype for societies in Great Britain. Mr. Edwin Barnish, Librarian of the Rochdale Pioneers' Library.png 1,492 × 1,041; 2.81 MB Rochdale Society of Equitable Pioneers, one of the first consumers' cooperatives, founded in 1844 in Rochdale, England, by 28 Lancashire weavers. The Rochdale Society of Equitable Pioneers was founded in Rochdale, England, in 1844 and soon became a prototype for cooperatives worldwide.

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