UN Year of Cooperatives 2012 Launched Amidst Paradigm Crisis of Capital

On October 31 2011 the United Nations launched the International Year of Cooperatives 2012. The launch of this initiative comes at a time of increasingly severe economic crisis...

On October 31 2011 the United Nations launched the International Year of Cooperatives 2012. The launch of this initiative comes at a time of increasingly severe economic crisis – what Carlos Heller referred to yesterday at the UN as a “paradigm crisis” – in many parts of Europe and beyond.

It is increasingly clear that the cooperative model provides an integrated solution that places human capital above financial capital, and offers an approach that should be highly attractive to those who are caught up in the current perfect economic storm.

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