Updates

  1. Person pages list letters, writing, profiles and links as sortable tables with filters, and show each person's companies as links; Fund letters show each letter's description in its own column.
  2. Experts show a checked job title and a short description of each person; 30 more people have photographs.
  3. Every company, fund, university and publication the experts work for has a page listing the people there.
  4. Fund letters show each letter's thesis and filter by it; 225 person pages list the essays, columns and newsletter issues the person wrote.
  5. Person pages list every essay and newsletter issue a person wrote, and their own books as a table in List view.
  6. Recommends shows the five largest kinds of book and the rest under More; browse pictures load sooner.
  7. Podcasts and talks link the original episode, filter by Audio and video or Press, and list each publisher once.
  8. Pages are wider, Recommends has List and Grid, and a filter clicked again turns off.
  9. Book cards sit in a ruled grid with Open Library and Goodreads links and each book's one-line note.
  10. Funds is now Investors; each investor's styles are buttons that filter the table.
  11. Podcasts and talks on a person's page filter by year and publisher and show as a list or a grid of pictures.
  12. Quotes show only people's own words: 472 summaries written by list sites are gone.
  13. Country pages open from Browse again, and every link on the shelf lands on a page.
  14. Subject and person pages show their sections as tabs, and each book appears once on a person's page.
  15. Book cards show the quote, who said it and the source; grids show five cards to a row.
  16. On a phone, a menu holds the sections, search, Updates, Feedback and dark mode.
  17. Feedback takes a screenshot of the page with no browser prompt, opens a screenshot full size when you click it, and clears itself once sent.
  18. Book cards are centred, search names the topic each book sits in, and any text cut short shows whole on hover.
  19. Search groups its results by kind: people, companies, geographies, subjects, topics, books, funds, fund letters and papers.
  20. The Books table lists who recommended each book by name, and the browser tab names the section you are in.
  21. Feedback can take a screenshot of the page, or one you paste or choose, and opens in the corner beside Updates.
  22. Each rail button reopens its section where you left it, and Browse, Table and People show on every book and subject page.
  23. Filters grey out choices that hold nothing instead of hiding them, and Books › People filters by authors or recommenders.
  24. Feedback takes a subject line and up to three screenshots.
  25. Biographies are grouped by the person they are about: 41 new pages, from Abraham Lincoln to Lee Kuan Yew.
  26. Sport splits into 23 sports, and Religion into one topic per faith.
  27. Book lists show as cards: the cover, one recommendation quote and every recommender by name.
  28. Seventeen subjects that had two or three pages under different names now have one page each.
  29. Every page lists its Experts as authors and recommenders, with a link to them on the Experts tab.
  30. Economics, Financial history, Financial panics and Accounting are subjects of their own, with one page per financial crisis.
  31. Book, person and subject pages open inside the app, so the tabs stay in view.
  32. 996 more book covers, and photographs or logos for 227 more people and companies.
  33. Books › Browse shows every subject as cards, and the rail holds Fund letters, Papers, Experts, Books and Funds.
  34. Every topic over 150 books splits into narrower topics, each with a page of its own.

Send feedback

What is it?
Screenshots, up to 3 (optional)
or paste one with Ctrl+V

We use your email only to reply to you.

Collective Courage

Collective Courage

Jessica Gordon Nembhard
2014
T3 328 pages · about 5h 28m to read Open Librarygoodreads

African American co-operative economics, a history largely written out.

Summary

Gordon Nembhard, an economist, wrote a history of cooperative economic activity among African Americans from the early nineteenth century to the present, assembled from archival research into organisations that mainstream economic history had not documented.

The empirical contribution is the recovery of the record itself. She documents mutual aid societies from the 1780s that provided insurance and burial benefits when commercial insurers would not serve black customers; intentional communities and land collectives; agricultural cooperatives and purchasing associations among black farmers; consumer cooperatives; credit unions and savings institutions; worker cooperatives; and the cooperative programmes attached to civil rights organisations, including those W E B Du Bois advocated and those the Federation of Southern Cooperatives ran during and after the 1960s.

The analytical argument is that cooperative organisation was a response to exclusion rather than an ideological choice. Black Americans were denied access to credit, insurance, employment and markets, and cooperatives allowed pooling of resources to obtain what individuals could not. She also documents the sustained hostility these organisations faced, including violence, credit denial and legal obstruction, which she argues explains why many did not survive rather than any failure of the cooperative model.

She covers the intellectual history, particularly Du Bois's advocacy of cooperative economics, and the debates within black political thought about economic strategy.

The book is archival history and is the most complete account of its subject. It argues a position about the viability of cooperative enterprise that readers may weigh differently, and it does not systematically compare survival rates against conventional businesses facing the same conditions. The recovery of the historical record is the durable contribution.

Key takeaways 7

  1. African American cooperative economic activity dates from the late eighteenth century and was extensive throughout the following two centuries.
  2. Mutual aid societies provided insurance and burial benefits because commercial insurers would not serve black customers.
  3. Cooperative organisation was a response to exclusion from credit, insurance and markets rather than an ideological choice.
  4. Pooling resources allowed access to goods, credit and land that individuals were denied.
  5. Cooperatives faced sustained violence, credit denial and legal obstruction, which explains many failures better than the model does.
  6. W E B Du Bois advocated cooperative economics as a strategy and the debate over it ran through black political thought for decades.
  7. The historical record of this activity was largely absent from economic history until it was recovered from archives.

Who should read it

Readers interested in cooperative enterprise and in the economic history of communities excluded from conventional finance and markets.

Similar books 6

Chosen by shared topics, the entries that hold them, and the people who recommended both.

John Restakis · 2010

The global co-operative sector and how member ownership works.

Marjorie Kelly · 2012

Survey of member, employee and trust ownership and how each pays out.

Peter F. Drucker · 1993

Essays on 'social ecology': how societies and institutions change, Japan included.

Nathan Schneider · 2018

The revival of co-operatives and member ownership, online platforms included.

Where it sits in the reference 2

Business models
Economics

Topics

Sociology and CultureGeneral HistoryEconomicsAmerican HistoryWork, labour and industrial society