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- Title
CO-OPERATIVE STORES IN THE UNITED STATES.
- Authors
Cummings, Edward
- Abstract
The article focuses on the cooperative stores in the United States. Nothing is more conspicuous in the co-operative necrology of the United States than the persistent failure of the co-operative store. Store-keeping is generally considered one of the simpler forms of business enterprise, and the failure of the simpler might be expected to include the failure of all the rest. So far as productive associations are concerned, this is largely true; for the waning prosperity of the several surviving co-operative shops in Minneapolis is still cited as chief witness to the sporadic success of co-operative manufactures in the United States. But, contrary to expectation, farmers have succeeded in the conduct of co-operative creameries and fire and tornado insurance companies; large fraternal life insurance companies also testify to co-operative capacity; and the astonishing development of building and loan associations is a matter of national repute. Nevertheless, the co-operative store, whether urban or rural, indigenous or exotic, has rarely survived the ephemeral wave of enthusiasm to which it has generally been due.
- Subjects
UNITED States; COOPERATIVE societies; ASSOCIATIONS, institutions, etc.; SAVINGS &; loan associations; INSURANCE companies; COOPERATIVE insurance; RETAIL stores
- Publication
Quarterly Journal of Economics, 1897, Vol 11, Issue 3, p266
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1882991