In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.
What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.
Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.
Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.
This is my first time hearing about this What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.
Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.
Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.
sorry to ask but where exactly did this happen? I'm curious.But come to think of it, the inflation will still affect them unless the influential among them decide to cover the less privileged by buying at high rate and distribute. Talking about farming, how about the high cost of fertilizer, chemical and seeds? Everybody will work and support each other but that does not exempt them from feeling the effects of high inflation.