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Incorporation Guide 101
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Cooperatives (Co-ops)

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Cooperatives Vs. Commons

Cooperatives and commons are related concepts, but they are not the same. Here's how they differ:

Cooperatives:

Definition: A cooperative is a business or organization that is owned and managed by its members. Each member typically has an equal say in decision-making, and profits are distributed among the members based on their participation.
Ownership and Control: Cooperatives are collectively owned by their members, who may be workers, consumers, or producers, depending on the type of cooperative.
Goal: The goal of a cooperative is often to meet the economic, social, and cultural needs of its members. The focus is on mutual benefit and democratic governance.

Commons:

Definition: Commons refer to resources that are collectively owned or managed by a community. This includes natural resources (like land, water, and air), knowledge, or digital platforms that are shared for the benefit of all.
Ownership and Control: Commons are generally not owned by individuals or specific entities. They are managed by a community or a collective group of stakeholders who ensure sustainable use and accessibility.
Goal: The goal of managing commons is to protect shared resources and ensure equitable access, often emphasizing stewardship, long-term sustainability, and preservation of the common good.

Key Differences:

Purpose: Cooperatives are formal organizations designed to provide specific goods or services to their members, while commons are shared resources managed for collective benefit without exclusive ownership.
Structure: Cooperatives have a formal membership structure and governance, while commons may be managed informally or through community agreements.
Focus: Cooperatives focus on economic and social benefits for their members, while commons focus on preserving shared resources for collective use.
In essence, cooperatives are member-driven organizations, while commons are shared resources that belong to everyone, typically managed by communities to prevent overuse or depletion.
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