Question

What is a co oprative according to socialists

Answer 1

 The concept of cooperatives, developed by some European Socialists, were enterprises owned by associations of people where goods were produced collectively by members and the returns were shared equitably i.e. according to the work done by the members. New Harmony is a cooperative community established by the british socialist thinker Robert owen (1771-1858) in indiana (USA) in the 19th century.