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Rochdale Equitable Pioneers Society

British organization

Quick Summary

The Rochdale Equitable Pioneers Society, founded in 1844 in Rochdale, England, is a foundational organization in the history of the cooperative movement. This British organization established a set of principles, known as the Rochdale Principles, which guided its operations and have been widely adopted globally.123

Key principles included:
* Open membership
* Democratic control
* No religious or political discrimination
* Sales at prevailing market prices
* Distribution of profits (dividends) to members based on their purchases14

These principles emphasized the benefit of consumers and laid the groundwork for cooperative marketing and retail systems, where profits are returned to the customers. The society's first shop is now the Rochdale Pioneers Museum.3142

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