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Cooperatives & Mutuals in the Market System


Heflebower, Richard

Cooperatives & Mutuals in the Market System



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In this book, cooperatives and financial mutuals are examined, not as a social movement, but as one form of industrial organization. As enterprises owned by its patrons, they are able to enter markets occupied by the traditional investor-owned firms.

Heflebower’s emphasis is on the ease or difficulty of a cooperative’s entry into a market by vertical integration. In addition to the familiar commodity-handling cooperatives (American milk producers, Sunkist growers, etc.), Heflebower includes financial mutuals in his study, since their structure brings them within the definition of a cooperative: their members own the enterprise and share profits in proportion to their patronage.

250 pages. 6 X 9 hardback, tables, references,index.
ISBN# Publisher:


University of Wisconsin Press, Madison, WI.

United States

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