On July 4, we are joining the International Cooperative Alliance (ICA) on the celebrations of the International Day of cooperatives. This year’s theme is equality and the slogan is ‘Choose cooperative, choose equality’.
Cooperatives create equality
The global income gap is still widening. A recent Credit Suisse report estimates that the top 1 percent of the globe’s population possesses nearly half of the world’s wealth, whereas the bottom half of world’s population holds less than 1 percent of its riches. Cooperatives bring resources under democratic control. They allow people who are not in a pole position through gender, race, lineage or other, to assemble and own a business. Cooperatives provide common people with a formal way of earning their lives, to benefit from legal protection and to increase their negotiation power.
Choose a more equal world
Inequality affects us all. Choosing a more equal world means: