Why the dig against mutual organizations.

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Submitted by Lyle (United States), Oct 2, 2012 17:55

The coop if properly run should provide lower prices than a company since the customers will get any profits in the end not stockholders. I guess one point of view is that a coop is a form of socialism and therefore bad, even if the customers themselves organize it. It is more a question of a satisified versus a management that has goals. Yet for example credit unions (which are coops) in general deliver better service to their owners than the big banks do to their customers.


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