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I used to 'do' co-ops in the late '60s and early '70s, as Chris knows.  We could make them work, as long as there was a core group of true-believers, who would take up the slack when general energy levels were low or when we hit the occasional financial obstacle. (Only one of the various co-ops still exists today - Lexington Food Co-op in Buffalo, NY.)

The missing ingredient for us back then was that we could not find - could not conceive of - a role for investors.  (It took us awhile to even accept the idea of manager - or, as we often called it, coordinator.)  Chris has 'put them in their place' in my opinion.

paul spencer

by paul spencer (spencerinthegorge AT yahoo DOT com) on Sat Feb 21st, 2009 at 10:45:41 AM EST
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