Cooperation 1799-1832 Flashcards
Between what years did Robert Owen operate New Lanark
1799 - 1828
Describe the events at New Lanark in 1806
USA placed a trade embargo on cotton
mills closed for 4 months
despite this Owen continued to pay employees
What essay did Owen publish in 1813?
The formation of character
What was set up in 1816?
The first infant school at New Lanark
Who visited New Lanark in 1816?
future Tsar Nicholas of Russia
What was founded in 1821 in London? (future Chartist leader Henry Heatherington was a member)
The London Cooperative and Economical Society
When was The Cooperator, that ran for 2 years, first published?
1827
What was the idea behind Labour Exchanges?
currency based on labour hours to produce something
Why did Labour Exchanges fail?
accumulation of unwanted goods
When was the National Equitable Labour Exchange set up?
1832
How many cooperative stores existed in 1832?
500
Mutualism
well-being is dependant on seeking mutual support rather than individualism
Cooperative movement
organisation that aims to promote the welfare of members by working together
Dividend
potion of profit paid back to those who have a financial interest (one of the appeals of cooperative stores)
Cooperative economics
field of study that relates cooperative thinking to economic practices