Merrett and Walzer, both of the Illinois Institute for Rural Affairs at Western Illinois University, argue that individuals in rural communities can achieve economic and social objectives as a group that they could not achieve as sole producers, workers, or consumers. They collect contributions reviewing classic texts, current literature, and case studies relevant to co-ops and community-based economic development. Contributors in law, agricultural economics, agribusiness, and consumer...
List of Tables, Figures, and BoxesPreface1Introduction: Cooperative Theory and Its Applications for the Twenty-First Century32History of Cooperatives233The Evolution of the Cooperative Model524Obstacles to Cooperation705Legal Framework of Cooperative Development956Finance and Taxation1237Understanding Cooperative Behavior: The Prisoner's Dilemma Approach1478Creating Value in a Knowledge-based Agriculture: A Theory of New Generation Cooperatives1659The Challenges Facing Cooperative Marketers and Bargaining Cooperatives in Today's Food System20710Producer Marketing Through Cooperatives22411Measuring the Economic Impact of Producer Cooperatives24712Consumer Ownership in Capitalist Economies: Applications of Theory to Consumer Cooperation26513The Business of Relationships290About the Contributors315Index319