Entrepreneurs have persona traits that make them ideally suited individuals to work for themselves. It is the middle method between capitalism and socialism. It has all the advantages of capitalism and socialism minus their disadvantages. In a cooperative society, personal revenue motive is eliminated and there is no conflict between labor and capital as under capitalism. In a socialist group, individual freedom is restricted to some extent. Generally individuals will be compelled to do certain things. But in a cooperative group, a number of the democratic rules such as liberty and equality are preserved. Membership of a cooperative society is voluntary. There isn’t a compulsion of any form.
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