Agricultural cooperative in the context of "William Thompson (philosopher)"

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⭐ Core Definition: Agricultural cooperative

An agricultural cooperative, also known as a farmers' co-op, is a producer cooperative in which farmers pool their resources in certain areas of activities.

A broad typology of agricultural cooperatives distinguishes between agricultural service cooperatives, which provide various services to their individually-farming members, and agricultural production cooperatives in which production resources (land, machinery) are pooled and members farm jointly.

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👉 Agricultural cooperative in the context of William Thompson (philosopher)

William Thompson (30 June 1775 – 28 March 1833) was an Irish political and philosophical writer and social reformer, developing from utilitarianism into an early critic of capitalist exploitation whose ideas influenced the cooperative, trade union and Chartist movements as well as Karl Marx.

Born into the Anglo-Irish Ascendancy of wealthy landowners and merchants of Cork society, his attempt to will his estate to the cooperative movement after his death sparked a long court case as his family fought successfully to have the will annulled. According to E. T. Craig, this decision to will his estate to the cooperative movement was taken after a visit to the pioneering Ralahine Commune.

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Agricultural cooperative in the context of Cooperative

A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from collectives in that they are generally built from the bottom-up, rather than the top-down.Cooperatives may include:

  • Worker cooperatives: businesses owned and managed by the people who work there
  • Consumer cooperatives: businesses owned and managed by the people who consume goods and/or services provided by the cooperative
  • Producer cooperatives: businesses where producers pool their output for their common benefit
  • Purchasing cooperatives where members pool their purchasing power
  • Multi-stakeholder or hybrid cooperatives that share ownership between different stakeholder groups. For example, care cooperatives where ownership is shared between both care-givers and receivers. Stakeholders might also include non-profits or investors.
  • Second- and third-tier cooperatives whose members are other cooperatives
  • Platform cooperatives that use a cooperatively owned and governed website, mobile app or a protocol to facilitate the sale of goods and services.

Research published by the Worldwatch Institute found that in 2012 approximately one billion people in 96 countries had become members of at least one cooperative. The turnover of the largest three hundred cooperatives in the world reached $2.2 trillion.

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Agricultural cooperative in the context of Collective farm

Collective farming and communal farming are various types of agricultural production in which multiple farmers run their holdings as a joint enterprise. There are two broad types of communal farms: agricultural cooperatives, in which member-owners jointly engage in farming activities as a collective; and state farms, which are owned and directly run by a centralized government. The process by which farmland is aggregated is called collectivization.

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