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120-458: The Graphic Arts Workshop (GAW) of San Francisco, a cooperative print studio, is located in the Dogpatch neighborhood. The studio has approximately 40 members working in fine art printmaking techniques such as lithography , intaglio , serigraphs , and relief printing . GAW offers affordable printmaking studio access and printmaking classes. GAW was founded in 1952 by several artists from

240-465: A not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or rent. Housing cooperatives come in three basic equity structures Members of a building cooperative (in Britain known as a self-build housing cooperative) pool resources to build housing, normally using a high proportion of their own labor. When the building is finished, each member

360-692: A "feudal society". Although it is derived from the Latin word feodum or feudum (fief), which was used during the Medieval period, the term feudalism and the system it describes were not conceived of as a formal political system by the people who lived during the Middle Ages. Since the publication of Elizabeth A. R. Brown 's "The Tyranny of a Construct" (1974) and Susan Reynolds 's Fiefs and Vassals (1994), there has been ongoing inconclusive discussion among medieval historians as to whether feudalism

480-400: A brilliant warrior who secularized church lands for the purpose of providing precarias (or leases) for his followers, in return for their military service. Martel's military ambitions were becoming more expensive as it changed into a cavalry force, thus the need to maintain his followers through the despoiling of church lands. Responding to Brunner's thesis, Paul Fouracre theorizes that

600-455: A collective framework. They open up new horizons for people who have ambition but who lack the skills or confidence needed to set off entirely on their own – or who simply want to carry on an independent economic activity but within a supportive group context. A "purchasing cooperative" is a type of cooperative arrangement, often among businesses, to agree to aggregate demand to get lower prices from selected suppliers. Retailers' cooperatives are

720-533: A consensus viewpoint is that England before the Conquest had commendation (which embodied some of the personal elements in feudalism) while William the Conqueror introduced a modified and stricter northern French feudalism to England incorporating (1086) oaths of loyalty to the king by all who held by feudal tenure, even the vassals of his principal vassals (holding by feudal tenure meant that vassals must provide

840-418: A feudal order not limited solely to the nobility. It is his radical notion that peasants were part of the feudal relationship that sets Bloch apart from his peers: while the vassal performed military service in exchange for the fief, the peasant performed physical labour in return for protection – both are a form of feudal relationship. According to Bloch, other elements of society can be seen in feudal terms; all

960-415: A feudal relationship with agreed obligations to one another. The vassal's principal obligation to the lord was to provide aid or military service. Using whatever equipment the vassal could obtain by virtue of the revenues from the fief, the vassal had to answer calls to military service by the lord. This security of military help was the primary reason the lord entered into the feudal relationship. In addition,

1080-414: A form of purchasing cooperative. Major purchasing cooperatives include Best Western , ACE Hardware and CCA Global Partners . Agricultural service cooperatives provide various services to their individual farming members, and to agricultural production cooperatives , where production resources such as land or machinery are pooled and members farm jointly. Feudal Feudalism , also known as

1200-548: A fundamental challenge to the hegemony of global neoliberal capitalism . Many cooperatives follow the seven Rochdale Principles : Since 2002, ICA cooperatives and WOCCU credit unions could be distinguished by use of a .coop domain. In 2014, ICA introduced the Global Cooperative Marque for use by ICAs Cooperative members and by WOCCU's Credit Union members so they can be further identified by their coop ethical consumerism label. The marque

1320-588: A jointly owned and democratically-controlled enterprise ". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from collectives in that they are generally built from the bottom-up, rather than the top-down. Cooperatives may include: The Research published by the Worldwatch Institute found that in 2012 approximately one billion people in 96 countries had become members of at least one cooperative. The turnover of

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1440-465: A land grant in exchange for service was called a beneficium (Latin). Later, the term feudum , or feodum , began to replace beneficium in the documents. The first attested instance of this is from 984, although more primitive forms were seen up to one-hundred years earlier. The origin of the feudum and why it replaced beneficium has not been well established, but there are multiple theories, described below. The term "féodal"

1560-550: A means of political gain. For them "feudalism" meant seigneurial privileges and prerogatives. When the French Constituent Assembly abolished the "feudal regime" in August 1789, this is what was meant. Adam Smith used the term "feudal system" to describe a social and economic system defined by inherited social ranks, each of which possessed inherent social and economic privileges and obligations. In such

1680-543: A member's investment into the cooperative. In the United States, many cooperatives were formed to provide rural electrical and telephone service as part of the New Deal . See Rural Utilities Service . In the case of electricity, cooperatives are generally either generation and transmission (G&T) co-ops that create and send power via the transmission grid or local distribution co-ops that gather electricity from

1800-617: A newspaper, The Cooperator , to promote Owen's thinking, having already set up a cooperative store in Brighton. Also in 1810, Rev. Henry Duncan of the Ruthwell Presbyterian Church in Dumfriesshire, Scotland founded a friendly society to create a cooperative depository institution at which his poorest parishioners could hold savings accounts accruing interest for sickness and old-age , which

1920-569: A provision that was later extended to various parts of Italian kingdom following the invasion by French troops. In the Kingdom of Naples , Joachim Murat abolished feudalism with the law of 2 August 1806, then implemented with a law of 1 September 1806 and a royal decree of 3 December 1808. In the Kingdom of Sicily the abolishing law was issued by the Sicilian Parliament on 10 August 1812. In Piedmont feudalism ceased by virtue of

2040-512: A public place every year. Despite the short duration of its existence, until 1851, it thus formed the basis of the cooperative movement in Slovakia. Slovak national thinker Ľudovít Štúr said about the association: " We would very much like such excellent constitutions to be established throughout our region. They would help to rescue people from evil and misery. A beautiful, great idea, a beautiful excellent constitution! " Other events such as

2160-598: A quarter of the farmland in France and provided most of the income of the large landowners. The majority refused to pay and in 1793 the obligation was cancelled. Thus the peasants got their land free, and also no longer paid the tithe to the church. In the Kingdom of France , following the French Revolution, feudalism was abolished with a decree of 11 August 1789 by the Constituent Assembly ,

2280-575: A range of social characteristics. Membership is open, meaning that anyone who satisfies certain non-discriminatory conditions may join. Economic benefits are distributed proportionally to each member's level of participation in the cooperative, for instance, by a dividend on sales or purchases, rather than according to capital invested. Cooperatives may be classified as either worker , consumer , producer , purchasing or housing cooperatives. They are distinguished from other forms of incorporation in that profit-making or economic stability are balanced by

2400-491: A result they produced images of political, social, labor, and ethnic themes. When the California Labor School closed in 1957, GAW inherited a lot of printmaking tools and supplies. Cooperative A cooperative (also known as co-operative , co-op , or coop ) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through

2520-470: A secure income. The innovation BECs introduce is that once the businesses are established, the entrepreneurs are not forced to leave and set up independently, but can stay and become full members of the cooperative. The micro-enterprises then combine to form one multi-activity enterprise whose members provide a mutually supportive environment for each other. BECs thus provide budding business people with an easy transition from inactivity to self-employment, but in

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2640-573: A set of reciprocal legal and military obligations of the warrior nobility based on the key concepts of lords, vassals, and fiefs. In broad terms a lord was a noble who held land, a vassal was a person granted possession of the land by the lord, and the land was known as a fief. In exchange for the use of the fief and protection by the lord, the vassal provided some sort of service to the lord. There were many varieties of feudal land tenure , consisting of military and non-military service. The obligations and corresponding rights between lord and vassal concerning

2760-922: A significant market share in Europe and Latin America, as well as a few countries in Sub-Saharan Africa. They also have a strong presence in Asia, Australia, and the United States. According to the World Council of Credit Unions (WOCCU), there were 68,882 financial cooperatives in 109 countries in 2016, serving more than 235 million members, with total assets exceeding 1.7 trillion dollars. The WOCCU's data do not include some major financial cooperative networks in Europe, such as Germany, Finland, France, Denmark, and Italy. In many high-income economies, financial cooperatives hold significant market shares of

2880-523: A system, wealth derived from agriculture, which was arranged not according to market forces but on the basis of customary labour services owed by serfs to landowning nobles. Heinrich Brunner , in his The Equestrian Service and the Beginnings of the Feudal System (1887), maintained that Charles Martel laid the foundation for feudalism during the 8th century. Brunner believed Martel to be

3000-494: A thousand cooperative societies in the United Kingdom. "Spolok Gazdovský" ( The Association of Administrators or The Association of Farmers ) founded in 1845 by Samuel Jurkovič, was the first cooperative in Europe ( Credit union ). The cooperative provided a cheap loan from funds generated by regular savings for members of the cooperative. Members of cooperative had to commit to a moral life and had to plant two trees in

3120-555: A trust that owns the company. The impact of political ideology on practice constrains the development of cooperatives in different countries. In India, there is a form of workers' cooperative which insists on compulsory membership for all employees and compulsory employment for all members. That is the form of the Indian Coffee Houses . This system was advocated by the Indian communist leader A. K. Gopalan . In places like

3240-446: A variety of sources and send it along to homes and businesses. In Tanzania, it has been proven that the cooperative method is helpful in water distribution. When the people are involved with their own water, they care more because the quality of their work has a direct effect on the quality of their water. Credit unions are cooperative financial institutions owned and controlled by their members. Credit unions provide to its members

3360-464: Is a useful construct for understanding medieval society. The adjective feudal was in use by at least 1405, and the noun feudalism was in use by the end of the 18th century, paralleling the French féodalité . According to a classic definition by François Louis Ganshof (1944), feudalism describes a set of reciprocal legal and military obligations of the warrior nobility that revolved around

3480-505: Is feudalism?", 1944; translated in English as Feudalism ). His classic definition of feudalism is widely accepted today among medieval scholars, though questioned both by those who view the concept in wider terms and by those who find insufficient uniformity in noble exchanges to support such a model. Although Georges Duby was never formally a student in the circle of scholars around Marc Bloch and Lucien Febvre , that came to be known as

3600-481: Is released in stages as the building is completed. The term may also refer to worker cooperatives in the building trade. A utility cooperative is a type of consumers' cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications services to its members. Profits are either reinvested into infrastructure or distributed to members in the form of "patronage" or "capital credits", which are essentially dividends paid on

3720-565: Is that early forms of 'fief' include feo , feu , feuz , feuum and others, the plurality of forms strongly suggesting origins from a loanword . The first use of these terms is in Languedoc , one of the least Germanic areas of Europe and bordering Al-Andalus (Muslim Spain). Further, the earliest use of feuum (as a replacement for beneficium ) can be dated to 899, the same year a Muslim base at Fraxinetum ( La Garde-Freinet ) in Provence

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3840-410: Is the sole owner of a homestead, and the cooperative may be dissolved. This collective effort was at the origin of many of Britain's building societies , which however, developed into "permanent" mutual savings and loan organisations, a term which persisted in some of their names (such as the former Leeds Permanent ). Nowadays such self-building may be financed using a step-by-step mortgage which

3960-421: Is used today by thousands of cooperatives in more than a hundred countries. The .coop domain and Co-operative Marque were designed as a new symbol of the global cooperative movement and its collective identity in the digital age. The Co-operative Marque and domain is reserved just for co-operatives, credit unions and organisations that support co-operatives; is distinguished by its ethical badge that subscribes to

4080-536: The Führerprinzip . In 1974, the American historian Elizabeth A. R. Brown rejected the label feudalism as an anachronism that imparts a false sense of uniformity to the concept. Having noted the current use of many, often contradictory, definitions of feudalism , she argued that the word is only a construct with no basis in medieval reality, an invention of modern historians read back "tyrannically" into

4200-660: The Annales school , Duby was an exponent of the Annaliste tradition. In a published version of his 1952 doctoral thesis entitled La société aux XIe et XIIe siècles dans la région mâconnaise ( Society in the 11th and 12th centuries in the Mâconnais region ), and working from the extensive documentary sources surviving from the Burgundian monastery of Cluny , as well as the dioceses of Mâcon and Dijon , Duby excavated

4320-492: The California Labor School . The founding members of GAW include: Pele De Lappe , Victor Arnautoff , Emmy Lou Packard , Byron Randall , Stanley Koppel, Louise Gilbert, Ed Hanson, Virginia Bogue, Claus Sievert , Frank Rowe, Irving Fromer, and Charles Keller . Many of the early printmakers at GAW were interested in left-wing leaning politics , Communism , social movements , and the labor movement and as

4440-736: The Gaeltacht in Ireland and the Highlands and Islands of Scotland. A worker cooperative or producer cooperative is a cooperative owned and democratically controlled by its "worker-owners". In a pure worker cooperative, only the workers own shares of the business on a one person, one vote basis, though hybrid forms exist in which consumers, community members or investors also own some shares (though these shares may or may not have voting power). In practice, control by worker-owners may be exercised through individual, collective or majority ownership by

4560-708: The Inca Empire , in the pre-Columbian era , as 'tributary' societies . In the late 19th and early 20th centuries, J. Horace Round and Frederic William Maitland , both historians of medieval Britain, arrived at different conclusions about the character of Anglo-Saxon English society before the Norman Conquest in 1066. Round argued that the Normans had brought feudalism with them to England, while Maitland contended that its fundamentals were already in place in Britain before 1066. The debate continues today, but

4680-572: The New Lanark mill from Owen's father-in-law, David Dale , and proceeded to introduce better labour standards, including discounted retail shops where profits were passed on to his employees. Owen left New Lanark to pursue other forms of cooperative organization and develop coop ideas through writing and lecture. Cooperative communities were set up in Glasgow , Indiana and Hampshire , although ultimately unsuccessful. In 1828, William King set up

4800-441: The feudal system , was a combination of legal, economic, military, cultural, and political customs that flourished in medieval Europe from the 9th to 15th centuries. Broadly defined, it was a way of structuring society around relationships derived from the holding of land in exchange for service or labour. The classic definition, by François Louis Ganshof (1944), describes a set of reciprocal legal and military obligations of

4920-549: The peasantry , which was bound by a system of manorialism . This order is often referred to as a feudal society , echoing Bloch's usage. Outside its European context, the concept of feudalism can be extended to analogous social structures in other regions, most often in discussions of feudal Japan under the shoguns , and sometimes in discussions of the Zagwe dynasty in medieval Ethiopia , which had some feudal characteristics (sometimes called "semifeudal"). Some have taken

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5040-714: The territorial state . This form of statehood, identified with the Holy Roman Empire , is described as the most complete form of medieval rule, completing conventional feudal structure of lordship and vassalage with the personal association among the nobility. But the applicability of this concept to cases outside of the Holy Roman Empire has been questioned, as by Susan Reynolds. The concept has also been questioned and superseded in German historiography because of its bias and reductionism towards legitimating

5160-439: The 'Urgenossen'. A community cooperative is owned and governed by members of a local geographical community. It is established to meet the community's needs by providing goods or services that are not available or affordable through traditional market channels. This is distinct from meeting individuals' needs as individuals. The aim of a community cooperative is often to create a more equitable and sustainable economy that serves

5280-459: The 10th century it was common to value land in monetary terms but to pay for it with objects of equivalent value, such as arms, clothing, horses or food. This was known as feos , a term that took on the general meaning of paying for something in lieu of money. This meaning was then applied to land itself, in which land was used to pay for fealty, such as to a vassal. Thus the old word feos meaning movable property would have changed to feus , meaning

5400-679: The 16th-century basis or incorporate what, in a Marxist view, must surely be superficial or irrelevant features from it. Even when one restricts oneself to Europe and to feudalism in its narrow sense it is extremely doubtful whether feudo-vassalic institutions formed a coherent bundle of institutions or concepts that were structurally separate from other institutions and concepts of the time. The term feudal has also been applied to non-Western societies, in which institutions and attitudes similar to those of medieval Europe are perceived to have prevailed (see Examples of feudalism ). Japan has been extensively studied in this regard. Karl Friday notes that in

5520-712: The 1850s. Slavery in Romania was abolished in 1856. Russia finally abolished serfdom in 1861. More recently in Scotland, on 28 November 2004, the Abolition of Feudal Tenure etc. (Scotland) Act 2000 entered into full force putting an end to what was left of the Scottish feudal system. The last feudal regime, that of the island of Sark , was abolished in December 2008, when the first democratic elections were held for

5640-515: The 21st century historians of Japan rarely invoke feudalism; instead of looking at similarities, specialists attempting comparative analysis concentrate on fundamental differences. Ultimately, critics say, the many ways the term feudalism has been used have deprived it of specific meaning, leading some historians and political theorists to reject it as a useful concept for understanding society. Historian Richard Abels notes that "Western civilization and world civilization textbooks now shy away from

5760-462: The 9th and 10th centuries receded and gave way to a new feudal order wherein independent aristocratic knights wielded power over peasant communities through strong-arm tactics and threats of violence. In 1939, the Austrian historian Theodor Mayer subordinated the feudal state as secondary to his concept of a Personenverbandsstaat (personal interdependency state), understanding it in contrast to

5880-583: The Anglosphere branch of the cooperative movement, however, was a rejection of the charity principles that underpinned welfare reforms when the British government radically revised its Poor Laws in 1834. As both state and church institutions began to routinely distinguish between the 'deserving' and 'undeserving' poor, a movement of friendly societies grew throughout the British Empire based on

6000-589: The Enlightenment wrote about feudalism to denigrate the antiquated system of the Ancien Régime , or French monarchy. This was the Age of Enlightenment , when writers valued reason and the Middle Ages were viewed as the " Dark Ages ". Enlightenment authors generally mocked and ridiculed anything from the "Dark Ages" including feudalism, projecting its negative characteristics on the current French monarchy as

6120-517: The French Revolution, on just one night of 4 August 1789, France abolished the long-lasting remnants of the feudal order. It announced, "The National Assembly abolishes the feudal system entirely." Lefebvre explains: Without debate the Assembly enthusiastically adopted equality of taxation and redemption of all manorial rights except for those involving personal servitude—which were to be abolished without indemnification. Other proposals followed with

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6240-644: The International Raiffeisen Union. In the United States, the National Cooperative Business Association (NCBA CLUSA; the abbreviation of the organization retains the initials of its former name, Cooperative League of the USA) serves as the sector 's oldest national membership association. It is dedicated to ensuring that cooperative businesses have the same opportunities as other businesses operating in

6360-509: The John Lewis Partnership, where profits are distributed to the workers, but at the discretion of a senior elected board. Business and employment cooperatives (BECs) are a subset of worker cooperatives that represent a new approach to providing support to the creation of new businesses. Like other business creation support schemes, BEC's enable budding entrepreneurs to experiment with their business idea while benefiting from

6480-462: The Latin of the Frankish laws. One theory about the origin of fehu was proposed by Johan Hendrik Caspar Kern in 1870, being supported by, amongst others, William Stubbs and Marc Bloch . Kern derived the word from a putative Frankish term *fehu-ôd , in which *fehu means "cattle" and -ôd means "goods", implying "a movable object of value". Bloch explains that by the beginning of

6600-590: The Netherlands, Rabobank holds 34% of deposits, and in France cooperative banks (Crédit Agricole, Crédit Mutuel and BPCE Group) possess more than 59% of domestic credit and 61% of domestic deposits. In Finland, OP financial group holds 35% and 38% of domestic credit and deposits, respectively, and in Canada, Desjardins holds around 42% of domestic deposits and 22% of domestic credit. There are many types of cooperative financial institutions with different names across

6720-537: The SKOK ( Spółdzielcze Kasy Oszczędnościowo-Kredytowe ) network grew to serve over 1 million members via 13,000 branches, and was larger than the country's largest conventional bank. In the Scandinavia , there is a clear distinction between mutual savings banks (Sparbank) and true credit unions (Andelsbank). The oldest cooperative banks in Europe, based on the ideas of Friedrich Raiffeisen, are joined in

6840-505: The UK, common ownership (indivisible collective ownership) was popular in the 1970s. Cooperative Societies only became legal in Britain after the passing of Slaney's Act in 1852. In 1865 there were 651 registered societies with a total membership of well over 200,000. There are now more than 400 worker cooperatives in the UK, Suma Wholefoods being the largest example with a turnover of £24 million. There also exist some pseudo-cooperatives, such as

6960-627: The United States, Italy, or France. A consumers' cooperative is a business owned by its customers. Members vote on major decisions and elect the board of directors from among their own number. The first of these was set up in 1844 in the North-West of England by 28 weavers who wanted to sell food at a lower price than the local shops. Retail cooperatives are retailers, such as grocery stores, owned by their customers. They should not be confused with retailers' cooperatives, whose members are retailers rather than consumers. In Singapore, Italy, and Finland

7080-679: The Western European societies commonly described as feudal. The word feudal comes from the medieval Latin feudālis , the adjectival form of feudum 'fee, feud', first attested in a charter of Charles the Fat in 884, which is related to Old French fé, fié, Provençal feo, feu, fieu, and Italian fio . The ultimate origin of feudālis is unclear. It may come from a Germanic word, perhaps fehu or *fehôd , but these words are not attested in this meaning in Germanic sources, or even in

7200-580: The aspects of life were centred on "lordship", and so we can speak usefully of a feudal church structure, a feudal courtly (and anti-courtly) literature, and a feudal economy. In contradistinction to Bloch, the Belgian historian François Louis Ganshof defined feudalism from a narrow legal and military perspective, arguing that feudal relationships existed only within the medieval nobility itself. Ganshof articulated this concept in Qu'est-ce que la féodalité? ("What

7320-440: The authority and powers held by feudal lords , overlords , and nobles , and preferred the idea of autocratic rule where a king and one royal court held almost all the power. Feudal nobles regardless of ethnicity generally thought of themselves as arbiters of a politically free system, so this often puzzled them before the fall of most feudal laws. Most of the military aspects of feudalism effectively ended by about 1500. This

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7440-651: The banking sector. According to the European Association of Cooperative Banks, the market share of cooperative banks in the Small and Medium Enterprises (SMEs) credit market by the end of 2016 was 37% in Finland, 45% in France, 33% in Germany, 43% in the Netherlands, and 22% in Canada. In Germany, Volksbanken-Raiffeisen banks have a market share of approximately 21% of domestic credit and domestic deposits. In

7560-437: The church itself held power over the land with its own precarias . The most commonly utilized precarias was the gifting of land to the church, done for various spiritual and legal purposes. Although Charles Martel did indeed utilize precaria for his own purposes, and even drove some of the bishops out of the church and placed his own laymen in their seats, Fouracre discounts Martel's role in creating political change, that it

7680-815: The communities in which they trade, compared to 2.4% for rival supermarkets. Since 2002, cooperatives have been distinguishable on the Internet through the use of a .coop domain. In 2014, the International Co-operative Alliance (ICA) introduced the Cooperative Marque, meaning ICA cooperatives and WOCCU credit unions can also be identified through a coop ethical consumerism label. Cooperation dates back as far as human beings have been organizing for mutual benefits. Tribes were organized as cooperative structures, allocating jobs and resources among each other, only trading with

7800-433: The company with the largest market share in the grocery store sector is a consumer owned cooperative. In Switzerland both the largest and the second largest retailer are consumer owned cooperatives. A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate or have membership and occupancy rights in

7920-576: The complex social and economic relationships among the individuals and institutions of the Mâconnais region and charted a profound shift in the social structures of medieval society around the year 1000. He argued that in early 11th century, governing institutions—particularly comital courts established under the Carolingian monarchy—that had represented public justice and order in Burgundy during

8040-433: The constraints of various systems of national law) is the principle that an enterprise or association should be owned and controlled by the people it serves, and share any surpluses on the basis of each member's cooperative contribution (as a producer, labourer or consumer) rather than their capacity to invest financial capital. The International Co-operative Alliance was the first international association formed (1895) by

8160-642: The cooperative movement. It includes the World Council of Credit Unions . The International Cooperative Alliance was founded in London, England on 19 August 1895 during the 1st Cooperative Congress. In attendance were delegates from cooperatives from Argentina, Australia, Belgium, England, Denmark, France, Germany, Holland, India, Italy, Switzerland, Serbia, and the US. A second organization formed later in Germany:

8280-702: The country and that consumers have access to cooperatives in the marketplace. In 1945 Artturi Ilmari Virtanen received the Nobel Prize in Chemistry for his invention of the AIV silage . This invention improved milk production and created a method of preserving butter, the AIV salt, which led to increased Finnish butter exports. He had started his career in chemistry in Valio , a cooperative of dairy farmers in which he headed

8400-444: The death of its author Thomas Madox , in 1727. In 1771, in his book The History of Manchester , John Whitaker first introduced the word "feudalism" and the notion of the feudal pyramid. Another theory by Alauddin Samarrai suggests an Arabic origin, from fuyū (the plural of fay , which literally means "the returned", and was used especially for 'land that has been conquered from enemies that did not fight'). Samarrai's theory

8520-424: The edicts of 7 March, and 19 July 1797 issued by Charles Emmanuel IV , although in the Kingdom of Sardinia , specifically on the island of Sardinia , feudalism was abolished only with an edict of 5 August 1848. In the Kingdom of Lombardy–Venetia , feudalism was abolished with the law of 5 December 1861 n.º 342 were all feudal bonds abolished. The system lingered on in parts of Central and Eastern Europe as late as

8640-509: The election of a local parliament and the appointment of a government. The "revolution" is a consequence of the juridical intervention of the European Parliament , which declared the local constitutional system as contrary to human rights , and, following a series of legal battles, imposed parliamentary democracy . The phrase "feudal society" as defined by Marc Bloch offers a wider definition than Ganshof's and includes within

8760-677: The exact opposite: landed property. Archibald Ross Lewis proposes that the origin of 'fief' is not feudum (or feodum ), but rather foderum , the earliest attested use being in Vita Hludovici (840) by Astronomus. In that text is a passage about Louis the Pious that says annona militaris quas vulgo foderum vocant , which can be translated as "Louis forbade that military provender (which they popularly call "fodder") be furnished." Initially in medieval Latin European documents,

8880-673: The external communities. In alpine environments, trade could only be maintained in organized cooperatives to achieve a useful condition of artificial roads such as Viamala in 1472. Pre-industrial Europe is home to the first cooperatives from an industrial context. The roots of the cooperative movement can be traced to multiple influences and extend worldwide. In the English-speaking world , post- feudal forms of cooperation between workers and owners that are expressed today as " profit sharing " and "surplus sharing" arrangements existed as far back as 1795. The key ideological influence on

9000-456: The feudal structure not only the warrior aristocracy bound by vassalage, but also the peasantry bound by manorialism, and the estates of the Church. Thus the feudal order embraces society from top to bottom, though the "powerful and well-differentiated social group of the urban classes" came to occupy a distinct position to some extent outside the classic feudal hierarchy. The idea of feudalism

9120-755: The feudalism analogy further, seeing feudalism (or traces of it) in places as diverse as Spring and Autumn period China, ancient Egypt , the Parthian Empire , India until the Mughal dynasty and the Antebellum South and Jim Crow laws in the American South . The term feudalism has also been applied—often pejoratively—to non-Western societies where institutions and attitudes similar to those in medieval Europe are perceived to prevail. Some historians and political theorists believe that

9240-401: The fief form the basis of the feudal relationship. Before a lord could grant land (a fief ) to someone, he had to make that person a vassal. This was done at a formal and symbolic ceremony called a commendation ceremony , which was composed of the two-part act of homage and oath of fealty . During homage, the lord and vassal entered into a contract in which the vassal promised to fight for

9360-850: The first in Europe. By 2004 a new association focused on worker co-ops was founded, the United States Federation of Worker Cooperatives . The cooperative movement has been fueled globally by ideas of economic democracy . Economic democracy is a socioeconomic philosophy that suggests an expansion of decision-making power from a small minority of corporate shareholders to a larger majority of public stakeholders. There are many different approaches to thinking about and building economic democracy. Anarchists are committed to libertarian socialism and have focused on local organization, including locally managed cooperatives, linked through confederations of unions, cooperatives and communities. Marxists, who as socialists have likewise held and worked for

9480-518: The form of the state . Though they regard the state as an unnecessarily oppressive institution, Marxists considered appropriating national and international-scale capitalist institutions and resources (such as the state) to be an important first pillar in creating conditions favorable to solidaristic economies. With the declining influence of the USSR after the 1960s, socialist strategies pluralized, though economic democratizers have not as yet established

9600-474: The founding of a friendly society by the Tolpuddle Martyrs in 1832 were key occasions in the creation of organized labor and consumer movements. Friendly Societies established forums through which one member, one vote was practiced in organisation decision-making. The principles challenged the idea that a person should be an owner of property before being granted a political voice. Throughout

9720-444: The goal of democratizing productive and reproductive relationships, often placed a greater strategic emphasis on confronting the larger scales of human organization. As they viewed the capitalist class to be politically, militarily and culturally mobilized for the purpose of maintaining an exploitable working class, they fought in the early 20th century to appropriate from the capitalist class the society's collective political capacity in

9840-461: The highly profitable rights of justice, etc. (what Georges Duby called collectively the " seigneurie banale " ). Power in this period became more personal. This "fragmentation of powers" was not, however, systematic throughout France, and in certain counties (such as Flanders , Normandy , Anjou , Toulouse ), counts were able to maintain control of their lands into the 12th century or later. Thus, in some regions (like Normandy and Flanders ),

9960-520: The historical record. Supporters of Brown have suggested that the term should be expunged from history textbooks and lectures on medieval history entirely. In Fiefs and Vassals: The Medieval Evidence Reinterpreted (1994), Susan Reynolds expanded upon Brown's original thesis. Although some contemporaries questioned Reynolds's methodology, other historians have supported it and her argument. Reynolds argues: Too many models of feudalism used for comparisons, even by Marxists, are still either constructed on

10080-508: The interests of the community. There are specific forms of incorporation for cooperatives in some countries, e.g. Finland and Australia. Cooperatives may take the form of companies limited by shares or by guarantee, partnerships or unincorporated associations. In the UK they may also use the industrial and provident society structure. In the US, cooperatives are often organized as non-capital stock corporations under state-specific cooperative laws. Cooperatives often share their earnings with

10200-504: The key concepts of lords , vassals and fiefs , though Ganshof himself noted that his treatment was only related to the "narrow, technical, legal sense of the word." A broader definition, as described in Marc Bloch 's Feudal Society (1939), includes not only the obligations of the warrior nobility but the obligations of all three estates of the realm : the nobility, the clergy , and those who lived off their labour, most directly

10320-408: The largest three hundred cooperatives in the world reached $ 2.2 trillion . Worker cooperatives are typically more productive and economically resilient than many other forms of enterprise, with twice the number of co-operatives (80%) surviving their first five years compared with other business ownership models (44%) according to data from United Kingdom. The largest worker owned cooperative in

10440-416: The lord at his command, whilst the lord agreed to protect the vassal from external forces. Fealty comes from the Latin fidelitas and denotes the fidelity owed by a vassal to his feudal lord. "Fealty" also refers to an oath that more explicitly reinforces the commitments of the vassal made during homage; such an oath follows homage. Once the commendation ceremony was complete, the lord and vassal were in

10560-429: The lord for criminal offences, including capital punishment in some cases. Concerning the king's feudal court, such deliberation could include the question of declaring war. These are examples of feudalism ; depending on the period of time and location in Europe, feudal customs and practices varied. In its origin, the feudal grant of land had been seen in terms of a personal bond between lord and vassal, but with time and

10680-427: The membership as dividends , which are divided among the members according to their participation in the enterprise, such as patronage, instead of according to the value of their capital shareholdings (as is done by a joint stock company ). The cooperative share capital or co-operative share capital (in short cooperative capital or co-operative capital ) is the form of capital that the cooperative accumulates from

10800-529: The middle of the 18th century, as a result of works such as Montesquieu 's De L'Esprit des Lois (1748; published in English as The Spirit of Law ), and Henri de Boulainvilliers 's Histoire des anciens Parlements de France (1737; published in English as An Historical Account of the Ancient Parliaments of France or States-General of the Kingdom , 1739). In the 18th century, writers of

10920-443: The needs of local residents, rather than generating profits for external shareholders. By working together and pooling resources, members can often achieve economies of scale, negotiate better prices, and develop services that better meet the needs of their community. Community cooperatives can also help to build social capital and foster a sense of community ownership and pride. They have been successful vehicles for rural development in

11040-782: The oppression of feudal subjects with a holistic integration of political and economic life of the sort lacking under industrial capitalism. He also took it as a paradigm for understanding the power-relationships between capitalists and wage-labourers in his own time: "in pre-capitalist systems it was obvious that most people did not control their own destiny—under feudalism, for instance, serfs had to work for their lords. Capitalism seems different because people are in theory free to work for themselves or for others as they choose. Yet most workers have as little control over their lives as feudal serfs." Some later Marxist theorists (e.g. Eric Wolf ) have applied this label to include non-European societies, grouping feudalism together with imperial China and

11160-400: The order coming before capitalism . For Marx, what defined feudalism was the power of the ruling class (the aristocracy ) in their control of arable land, leading to a class society based upon the exploitation of the peasants who farm these lands, typically under serfdom and principally by means of labour, produce and money rents. He deemed feudalism a 'democracy of unfreedom', juxtaposing

11280-451: The paid participation shares of its members. The total amount of participation shares the paid to the cooperative constitutes the cooperative capital. The co-operative share capital is usually non-withdrawable and indivisible to the cooperative members. The top 300 largest cooperatives were listed in 2007 by the International Co-operative Alliance . 80% were involved in either agriculture , finance , or retail and more than half were in

11400-546: The principle of mutuality, committed to self-help in the welfare of working people. In 1761, the Fenwick Weavers' Society was formed in Fenwick, East Ayrshire , Scotland to sell discounted oatmeal to local workers. Its services expanded to include assistance with savings and loans, emigration and education. In 1810, Welsh social reformer Robert Owen , from Newtown in mid- Wales , and his partners purchased

11520-496: The quota of knights required by the king or a money payment in substitution). In the 20th century, two outstanding historians offered still more widely differing perspectives. The French historian Marc Bloch , arguably the most influential 20th-century medieval historian, approached feudalism not so much from a legal and military point of view but from a sociological one, presenting in Feudal Society (1939; English 1961)

11640-466: The research department for 50 years and where all his major inventions were first put to practice. Cooperative banks were first to adopt online banking. Stanford Federal Credit Union was the first financial institution to offer online internet banking services to all of its members in October 1994. In 1996 OP Financial Group , also a cooperative bank , became the second online bank in the world and

11760-526: The rise of trade unions and industrial factories. Weinbren reports that by the end of the 19th century, over 80% of British working age men and 90% of Australian working age men were members of one or more Friendly Society. From the mid-nineteenth century, mutual organisations embraced these ideas in economic enterprises, firstly among tradespeople, and later in cooperative stores, educational institutes, financial institutions and industrial enterprises. The common thread (enacted in different ways, and subject to

11880-412: The same period or later: Counties and duchies began to break down into smaller holdings as castellans and lesser seigneurs took control of local lands, and (as comital families had done before them) lesser lords usurped/privatized a wide range of prerogatives and rights of the state, including travel dues, market dues, fees for using woodlands, obligations, use the lord's mill and, most importantly,

12000-457: The same services as banks but are considered not-for-profit organizations and adhere to cooperative principles . Credit unions originated in mid-19th-century Germany through the efforts of pioneers Franz Herman Schulze'Delitzsch and Friedrich Wilhelm Raiffeisen . The concept of financial cooperatives crossed the Atlantic at the turn of the 20th century, when the caisse populaire movement

12120-434: The same success: the equality of legal punishment, admission of all to public office, abolition of venality in office, conversion of the tithe into payments subject to redemption, freedom of worship, prohibition of plural holding of benefices ... Privileges of provinces and towns were offered as a last sacrifice. Originally the peasants were supposed to pay for the release of seigneurial dues; these dues affected more than

12240-434: The second half of the nineteenth century (and then repeatedly every twenty years or so) there was a surge in the number of cooperative organisations, both in commercial practice and civil society, operating to advance democracy and universal suffrage as a political principle. Friendly Societies and consumer cooperatives became the dominant form of organization among working people in Anglosphere industrial societies prior to

12360-482: The seven ICA Cooperative Principles and Co-op Values. Co-ops can be identified on the Internet through the use of the .coop suffix of internet addresses . Organizations using .coop domain names must adhere to the basic co-op values. A cooperative is a legal entity owned and democratically controlled by its members. Members often have a close association with the enterprise as producers or consumers of its products or services, or as its employees. The legal entities have

12480-465: The term feudalism has been deprived of specific meaning by the many ways it has been used, leading them to reject it as a useful concept for understanding society. The applicability of the term feudalism has also been questioned in the context of some Central and Eastern European countries, such as Poland and Lithuania, with scholars observing that the medieval political and economic structure of those countries bears some, but not all, resemblances to

12600-433: The territory came to encompass the social, political, judicial, and economic spheres. These acquired powers significantly diminished unitary power in these empires. However, once the infrastructure to maintain unitary power was re-established—as with the European monarchies—feudalism began to yield to this new power structure and eventually disappeared. The classic François Louis Ganshof version of feudalism describes

12720-463: The transformation of fiefs into hereditary holdings, the nature of the system came to be seen as a form of "politics of land" (an expression used by the historian Marc Bloch ). The 11th century in France saw what has been called by historians a " feudal revolution " or "mutation" and a "fragmentation of powers" (Bloch) that was unlike the development of feudalism in England or Italy or in Germany in

12840-440: The vassal could have other obligations to his lord, such as attendance at his court, whether manorial , baronial, both termed court baron , or at the king's court. It could also involve the vassal providing "counsel", so that if the lord faced a major decision he would summon all his vassals and hold a council. At the level of the manor this might be a fairly mundane matter of agricultural policy, but also included sentencing by

12960-472: The vassal/feudal system was an effective tool for ducal and comital control, linking vassals to their lords; but in other regions, the system led to significant confusion, all the more so as vassals could and frequently did pledge themselves to two or more lords. In response to this, the idea of a "liege lord" was developed (where the obligations to one lord are regarded as superior) in the 12th century. Around this time, rich, "middle-class" commoners chafed at

13080-405: The warrior nobility and revolved around the key concepts of lords , vassals , and fiefs . A broader definition, as described by Marc Bloch (1939), includes not only the obligations of the warrior nobility but the obligations of all three estates of the realm : the nobility, the clergy , and the peasantry , all of whom were bound by a system of manorialism ; this is sometimes referred to as

13200-413: The workforce, or the retention of individual, collective or majority voting rights. A worker cooperative, therefore, has the characteristic that the majority of its workforce owns shares, and the majority of shares are owned by the workforce. Membership is not always compulsory for employees, but generally, only employees can become members either directly (as shareholders) or indirectly through membership of

13320-678: The world, including financial cooperatives ('cooperativa financiera' is the Spanish term used in Latin America), cooperative banks, credit unions, and savings and credit cooperatives ('cooperativa de ahorro y crédito' in Spanish or ' coopérative d'épargne et de credit ' in French-speaking countries). Cooperative banking networks, which were nationalized in Eastern Europe, continued as cooperative institutions. In Poland,

13440-471: The world, the Mondragon Corporation (founded by Catholic priest José María Arizmendiarrieta ), has been in continuous operation since 1956. Cooperatives frequently have social goals, which they aim to accomplish by investing a proportion of trading profits back into their communities. As an example of this, in 2013, retail co-operatives in the UK invested 6.9% of their pre-tax profits in

13560-641: Was established. It is possible, Samarrai says, that French scribes, writing in Latin, attempted to transliterate the Arabic word fuyū (the plural of fay ), which was used by the Muslim invaders and occupiers at the time, resulting in a plurality of forms – feo, feu, feuz, feuum and others—from which eventually feudum derived. Samarrai, however, also advises to handle this theory with care, as Medieval and Early Modern Muslim scribes often used etymologically "fanciful roots" to support outlandish claims that something

13680-501: Was first used in 17th-century French legal treatises (1614) and translated into English legal treatises as an adjective, such as "feodal government". In the 18th century, Adam Smith , seeking to describe economic systems, effectively coined the forms "feudal government" and "feudal system" in his book The Wealth of Nations (1776). The phrase "feudal system" appeared in 1736, in Baronia Anglica , published nine years after

13800-497: Was of Arabian or Muslim origin. Feudalism, in its various forms, usually emerged as a result of the decentralization of an empire: such as in the Carolingian Empire in the 9th century AD, which lacked the bureaucratic infrastructure necessary to support cavalry without allocating land to these mounted troops. Mounted soldiers began to secure a system of hereditary rule over their allocated land and their power over

13920-642: Was partly since the military shifted from armies consisting of the nobility to professional fighters thus reducing the nobility's claim on power, but also because the Black Death reduced the nobility's hold over the lower classes. Vestiges of the feudal system hung on in France until the French Revolution of the 1790s. Even when the original feudal relationships had disappeared, there were many institutional remnants of feudalism left in place. Historian Georges Lefebvre explains how at an early stage of

14040-417: Was simply a military move in order to have control in the region by hording land through tenancies, and expelling the bishops who he did not agree with, but it did not specifically create feudalism.   Karl Marx also uses the term in the 19th century in his analysis of society's economic and political development, describing feudalism (or more usually feudal society or the feudal mode of production ) as

14160-714: Was started by Alphonse Desjardins in Quebec, Canada. In 1900, from his home in Lévis , he opened North America's first credit union, marking the beginning of the Mouvement Desjardins . Eight years later, Desjardins provided guidance for the first credit union in the United States , where there are now about 7,950 active status federally insured credit unions, with almost 90 million members and more than $ 679 billion on deposit. Financial cooperatives hold

14280-639: Was the first established savings bank that would be merged into the Trustee Savings Bank between 1970 and 1985. The Rochdale Society of Equitable Pioneers , founded in 1844, is usually considered the first successful cooperative enterprise, used as a model for modern coops, following the ' Rochdale Principles '. A group of 28 weavers and other artisans in Rochdale , England set up the society to open their own store selling food items they could not otherwise afford. Within ten years there were over

14400-491: Was unknown and the system it describes was not conceived of as a formal political system by the people living in the medieval period. This section describes the history of the idea of feudalism, how the concept originated among scholars and thinkers, how it changed over time, and modern debates about its use. The concept of a feudal state or period, in the sense of either a regime or a period dominated by lords who possess financial or social power and prestige, became widely held in

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