The 'managed' co-operative : a case study into the social and economic benefits of participating in rural co-operatives in KwaZulu-Natal.

Abstract

The primary goal of development is to alleviate poverty, and thus improve people's

lives. Co-operatives around the world are becoming used more regularly as a vehicle

for such development. However, as a result of economic pressures, co-operatives

have changed over the years, reflecting a more business-like approach in order to

compete in a competitive market. As a result certain types of co-operatives come

under the banner of 'new wave' co-operatives. This dissertation examines two such

co-operatives and analyses what social and economic benefits accrue to individuals as

a result of participating in rural co-operatives. It also reflects upon the 'managed'

status of the co-operative and its implication for members.