Rochdale Principles
The Rochdale Principles are a set of guidelines established in 1844 by the founding members of the first cooperative, the Rochdale Society of Equitable Pioneers in England. These principles aimed to create a fair and democratic system for cooperative businesses, emphasizing values such as self-help, self-responsibility, and mutual aid among members.
There are seven key principles: voluntary and open membership, democratic member control, member economic participation, autonomy and independence, education, training, and information, cooperation among cooperatives, and concern for the community. These principles continue to guide cooperatives worldwide, promoting ethical practices and community development.