Web Co-operatives

From Wikipedia, the free encyclopedia

Web Co-operatives are a modern variant on the Co-operative Business approach that utilise the instant voting capabilities of the internet to enable members to make collective business decisions.

Although by its very nature the definition of a Web Co-operative is an ever changing entity, Liveline.coop the founders of the Web Co-operative Foundation, decreed a constitution, by which all legitimate Web-Coops must abide, to ensure that the spirit of the Foundation is always maintained.

Web Co-operative Constitution

1. Every major business decision must be put to vote

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2. The number of users must never be limited

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3. Every user must vote to maintain the right

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4. >25% of profits must always go to charity

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5. Funding is to be entirely by donations and sponsorship

The first Web-Coperative was set up in January 2007. It is called [Liveline.TV] and is a Digital Media Channel. The Company was set up with a board of 5 founding members- Hugh Carling, Kyle Rollins, Iain Barrington- Light, Thomas Woodnutt and Patrick Affleck. It is based in [The Muse at 269], an art gallery in the Portabello Road, West London.

The birth and growth of the Web Co-operative movement is documented in detail in an online blog at the Liveline.TV website, housed on Windows Live Spaces.