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nanarchy on 25 May 2016
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WolfpackN64 said:
nanarchy said:

I only know of 3 cooperatives locally, all have gone bust. (one milk producer, a recycler and a clothing manufacturer). Cooperatives are generally too inflexible to survive in uncertain economic times (one of the reasons you don't see more of them), I am sure there are some success stories too but I doubt they outnumber the failures, when you run at lower profit margins a small downturn can mean the entire business goes broke.

Of course they can go broke. But they generally do survive longer. Most hurdles are finding starting capital and trying to fend off sometimes agressive competition.

Again Citations please? cooperatives face huge problems with long term viability due to problems with coping with change, market fluxuations and competition. I am sure there are many successful ones, even many long term successful ones but I doubt they generally survive longer or are more successful. You obviously have some citations or research to back up your statements so I would be interested in reading as it definitely differs from what I have seen.