"Jim answers Simon's point: why on earth would a missile manufacturer want to call itself cooperative? Of course, that does not preclude any arms manufacturer being employee-owned and even controlled, but I'm sceptical.
I did not know that…"
"Hmm, cut my reply off. As I was saying:
I'm not sure if the organisation has ever had to expel someone, but it's over 100 years old, so it probably has happened.
To use the Internet domain name ".coop" you have to be prepared…"
"There isn't really a body of law in the UK that you have to abide by in order to call yourself a cooperative. Industrial and Provident Societies have to have their rules agreed by the FSA, but there are other legal forms for cooperatives.
The Social Entrepreneurs Network is a network for all those interested in social entrepreneurship and social enterprise. The aim is to solve some of the practical challenges faced by social entrepreneurs.See More
Journalist and trend forecaster James Wallman explains why more and more of us are suffering from “stuffocation” – where instead of feeling enriched by the things we own, we are stifled and overwhelmed by them.