ABSTRACT

The last chapter dealt with the development of the movement. It showed how and why the co-operative system of industry came into being. It explained a very important side of that system, and one which is often not recognized outside the movement. The fact that men and women join the co-operative society as consumers, means that the industrial operations of that society are conducted by consumers, and therefore that production is organized for use or consumption. An ordinary factory is built and starts working only if its owners believe that it will earn profits or dividends. The C.W.S. builds and starts a factory primarily to satisfy the demands of its members for the goods that will be produced in it. It follows that, both in theory and practice, industry is controlled in different ways under the two systems Under the first it is controlled in the interests of the persons who own the capital, and in order to earn a high rate of interest for them; under the second it is controlled in the interests of the consumers, and in order to supply them with the commodities which they need.