Co-op Principle #3: Member Economic Participation
This principle means that members contribute to and support the co-op financially, and in return, they share in the benefits. When someone becomes a member of the Potsdam Food Co-op theyβre helping sustain a locally owned business that prioritizes people over profit. That support helps keep the co-op running, growing, and serving the community.
Co-op Principle #2: Democratic Member Control
Democratic Member Control is one of the key principles that makes co-ops unique. Instead of being controlled by outside investors, the Potsdam Food Co-op is owned and guided by its members. That means the community has a real voice in shaping how the store operates, grows, and serves the people around it. Members have a voice in the direction of the co-op by voting on important issues and electing representatives to help guide decisions. This democratic structure helps ensure that the store reflects the needs and values of the community it serves.
Co-op Principle #1: Voluntary and Open Membership
At its core, Voluntary and Open Membership means that anyone can shop and/or become an owner of the co-op. There are no barriers based on background, identity, beliefs, or experience. Whether youβre a college student, a longtime Potsdam resident, or just someone passing through who cares about local food and community, you have a place here. The co-op is built on the idea that community should be inclusive, not exclusive and welcomes anyone in the area to join.
The 8 Cooperative Principles: What Makes the Potsdam Food Co-op Different
The 8 Co-op Principles are values that all co-ops follow. These principles ensure that everyone is equally engaged through governance, management, and representation. These principles shape the way The Potsdam Food Co-op runs in all operations.