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The principle of "voluntary and open membership" entails that membership of a co-operative society must be voluntary and available, without artificial restrictions or any social, religious or political discrimination, to all persons who wish to benefit from co-operative membership and are willing to accept the corresponding responsibilities. Conversely, members who wish to resign from a co-operative society should be free to do so without any artificial hindrance

whilst co-operatives acknowledge capital as an important factor of production that should be rewarded, they reject the notion that it should be a means of exploiting other members as patrons of the association

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13y ago

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