Design of new economic structures for co-operatives to achieve self help and decision making through participation of members.

In Collective Courage, Jessica Gordon Nembhard chronicles African American cooperative business ownership and its place in the movements for Black civil rights and economic equality. Not since W. E. B. Du Bois’s 1907 Economic Co-operation Among Negro Americans has there been a full-length, nationwide study of African American cooperatives. Collective Courage extends that story into the twenty-first century. Many of the players are well known in the history of the African American experience: Du Bois, A. Philip Randolph and the Ladies' Auxiliary to the Brotherhood of Sleeping Car Porters, Nannie Helen Burroughs, Fannie Lou Hamer, Ella Jo Baker, George Schuyler and the Young Negroes’ Co-operative League, the Nation of Islam, and the Black Panther Party. Adding the cooperative movement to Black history results in a retelling of the African American experience, with an increased understanding of African American collective economic agency and grassroots economic organizing. To tell the story, Gordon Nembhard uses a variety of newspapers, period magazines, and journals; co-ops’ articles of incorporation, minutes from annual meetings, newsletters, budgets, and income statements; and scholarly books, memoirs, and biographies. These sources reveal the achievements and challenges of Black co-ops, collective economic action, and social entrepreneurship. Gordon Nembhard finds that African Americans, as well as other people of color and low-income people, have benefitted greatly from cooperative ownership and democratic economic participation throughout the nation’s history.

Cooperatives are found everywhere, doing all kinds of things. They are critical elements in the economies of a large number of countries around the world, large and small. Their affairs are carried out by elected leadership that runs the gamut from the illiterate to the scholarly. Their membership is made up of people of all socio-economic backgrounds. It is those members who, through their support and their needs, determine the successes and failures of cooperatives. But cooperatives as a popular movement will also be judged in other ways. A judgment will be made on the totality of their impact: local, national, and international. People will ask about how they helped ameliorate the economic and social problems of the dispossessed. But they will also inquire about their influence on economic systems, whether these were made more humane, egalitarian, and inclusive in their benefits because of cooperative principles and practices. Their impact on the international order will be judged collectively by how they contributed more than resolutions to peace, to justice, and to human inclusiveness. This volume provides snapshot views of the cooperative movement in all its diversity. The only single source one can consult to find so much information on the different kinds of cooperatives, significant figures, including philosophers, pioneers, officials, and leaders, and the situation in a large number of countries. With a list of acronyms, an extensive chronology, appendixes, and a comprehensive bibliography.

Excerpt from The Need of New Blood in Southern Agriculture; The Pioneer Co-Operative Credit Associations in the United States; Co-Operation as a Training School in Business Methods: Addresses One of the most marked benefits resulting from these credit unions is the virtual stamping out of usury in the communities in which they exist. The farmer finding no difficulty in obtaining a moderate loan for productive purposes quickly and cheaply, no longer has to depend upon 'the generosity of the neighbors, the forbearance of the local storekeepers, or the cupidity of the usurer. However, not the least important is the moral and educational value of these credit unions. They teach their members busi ness methods and self-government. They imbue them with self reliance and self-respect. T'hey endow them with a high sense of mutual responsibility, stimulate them to further efforts in the direction of co-operation and mutual self-help, and make them better farmers and better citizens. There is nothing mysterious or mystifying about co-opera tive credit except, perhaps, to bankers. It is the simplest form of co-operation and any man with a modicum of horse sense and a smattering of bookkeeping is fully capable of looking after the affairs of a credit union. As a matter of fact, the Operations of a credit union are much less intricate than the daily operations of the average farmer. But credit unions will not create them selves. We may study and investigate, educate and legislate from now on until the last trumpet call and unless we get right down and do it, we will only awake to find that we cannot get enough credit to pay for our halos. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The two volumes consist of the preliminary report and questionnaire (published in 2000), and the larger report based on answers to the questionnaire (published in 2001).