However, in modern times many of these old cooperatives have demutualized and converted into stock companies to pursue higher profits. |
Fewer, larger farms, low prices and keen competition have made the economic services of many cooperatives redundant. |
It envisioned the state taking over idle farms and factories and turning them into cooperatives that would trade among themselves using scrip. |
Large-scale embezzlement required experienced helpers, so criminal cooperatives appeared that tended to develop into so-called mafias. |
Thus, five of the seven new niche-marketing cooperatives deviate from the model used by the long-established cheese-marketing cooperatives. |
Cooperative Services is a leader in providing public assistance to cooperatives, much of it in an educational vein. |