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Description
xCooperatives and development questions
Author: Muhammad Abdul Hakim Ibrahim
The book "Cooperatives and Development Questions" begins with a primarily practical study of a number of cooperative ownership models. The author, who is also the founder of the National Initiative to Support Cooperatives in Egypt, contributed to establishing 12 companies owned by small farmers and producers and managed according to the cooperative model and in a democratic manner. The book is thus an intellectual expression of the cooperative ownership project as a model presented by the author in response to the private ownership model and the periodic crises it creates, and in response to the consequences of capitalist economic globalization and its impact on the poorest local communities.
The pursuit of development and justice is the primary driver of the cooperative support initiative, the practical and theoretical basis of which this book is based. This justice constitutes a solid foundation for the development of effective demand as a driver of investment, leading to the employment of new workers who convert the greater part of their income into effective demand, which stimulates new investments in an endless cycle called the investment multiplier, which forms the core of any cycle of economic growth and prosperity and forms the solid foundation for the continuity and sustainability of growth. Furthermore, justice in income distribution is a fundamental pillar of any social peace built on consent, not oppression and tyranny.
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