Presidential hopeful Hillary Clinton backs co-ops for economic development

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(August 17, 2015)

U.S. presidential hopeful Hillary Clinton this month reiterated her support for cooperative development. As secretary of state, Clinton visited numerous cooperatives worldwide, including Cooperative Cafe Timor, established with support from NCBA CLUSA in 1994 and now East Timor's leading private-sector employer and one of the largest single-source suppliers of certified organic Arabica coffee in the world. During that visit, Clinton applauded CCT's role in creating economic opportunity and transforming rural communities.  Reporter Anca Voinea wrote this news release about Clinton's recent support of co-ops for Co-operative News

Democratic presidential candidate Hillary Clinton is backing rural electric cooperatives as a means to boost local economies.

In an interview with the Daily Times Herald Sunday, Clinton talked about her role as senator of New York from 2001 to 2009. The state’s second-biggest industry was agriculture, and Clinton highlighted the important role played by rural electric co-ops across the state’s rural areas.

She called for more cooperatives in the retail sector to cut costs and “channel some of those saved resources into economic development and into a broader market outreach by small towns." Clinton also said there was a need to reinvent cooperatives for the future, allowing them to help entrepreneurs work together to share resources or staff.

During her time as senator, Clinton worked on a number of e-commerce initiatives to help small businesses market their products. In 2003, along with the St. Lawrence County Chamber of Commerce, she developed the Northern Adirondack Trading Cooperative (NATC).

This helped small, rural businesses expand their markets via the Internet through training and professional support. Known as the ‘eBay project’, NATC linked artisans and small business owners with technology such as eBay to reach national markets.

Between January 2009 and February 2013, while she served as secretary of state, Clinton visited cooperative enterprises in Africa and Asia funded through the U.S. Agency for International Development (USAID). 

Clinton is not the only presidential candidate to express support for the cooperative business model; Bernie Sanders, from Vermont, is also a keen supporter of co-ops and employee-owned enterprises.

In 2014, Sanders introduced a two-bill package to help workers who want to form their own businesses or set up worker-owned cooperatives. His economic agenda includes developing new economic models to increase job creation and provide assistance to employees who want to buy their business by setting up worker co-ops.


TWITTER FEED

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RT @coopnews: International Volunteer Day includes a look at the role of US #coops in development @NCBACLUSA @LandOLakesID https://t.co/Mvi…

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