cooperativismn.
/kəʊˈɒp(ə)rətᵻvɪz(ə)m/, U.S. /koʊˈɑp(ə)rədᵻˌvɪzəm/, /koʊˈɑpəˌreɪdᵻˌvɪzəm/ A theory or system of organizing economic activity according to the principles of collective ownership of capital and sharing of profits or benefits (cf. cooperation n. 2). Also: belief in or advocacy of such a system.
ΚΠ
1842 ‘Cotton Twist’ Free Trader xxxi. 172 The Tory Press..comes in for its share of praise, as the liberal press comes in for its share of abuse—so many daily and weekly organs of co-operativism.
1890 Times 1 Dec. 10/4 Was it not time that they had a different system brought about, whether it be by Socialism, trade unionism, co-operativism, or any other ism, whereby all the wealth that was created by the labour of man should be as equitably distributed as possible.
1952 P. H. Casselman Cooperative Movement & some of its Probl. ix. 148 The fact that cooperativism is a socio-economic system with certain social and long term economic goals to attain prevents the cooperative from using many methods which profit business may employ to advantage.
2020 M. Thompson Reconstructing Public Housing (e-book, accessed 21 Feb. 2022) 330 The Mutual Homeownership Society..is a good example of how what is essentially good old-fashioned cooperativism can be rebranded within the ideological parameters of the ownership model.
This entry has been updated (OED Third Edition, September 2022).
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n.1842