Australia’s peak body for co-operative and mutual models of enterprise is calling for Australians to get behind the push to “humanise capitalism”.
In light of the UN International Day of Cooperatives on Saturday, Business Council of Co-operatives and Mutuals (BCCM) joined other co-op bodies around the world in advocating for a more people-centred economy.
BCCM CEO Melina Morrison told Pro Bono News the theme of the day was inequality and increasing awareness that co-operatives can offer a way to tackle inequality, global poverty and other forms of social and economic disadvantage.
“Around the world one billion people are members of cooperatives and every year, this being the 95th year, global cooperatives get together to grow awareness of alternative business models and to make sure people know there is an alternative, particularly in these times where the ‘business as usual’ model has seemed to fail to deliver people their most basic needs,” Morrison said.
Morrison said there were currently 2,000 co-operative businesses operating in the Australian economy which comprised of a whole range of businesses Australians encounter everyday.