Are co-operatives relevant in today s global environment - group discussion?

In my opinion co- operatives are still relevant in today's globalised environment.

What are co- operatives ? What is there purpose !

A co-operative is where a number of individuals or businesses work together to achieve a common purpose. They are normally formed so individuals and small businesses can benefit from being part of a larger group.

Many co-operatives work for the benefit of local people.

Their are Profit and not for profit co- operatives, These co-operatives are relevant as long as they are achieving their common purpose of the local people and the owners feel they are providing an important service to the community. "Even global is made of local as the ocean is made of the waves".