Cooperative for the Common Good
Project owner: BfG Eigentümer/-innen- und Verwaltungsgenossenschaft eG
Responsible person: Fritz Fessler
2019
2nd Prize
AT
Civil Society / Social Economy
Education
Other
Immediately after the recent rejection by the Austrian Financial Market Authority, the reorientation took place. The cooperative for the common good no longer aspires to its own banking licence but works with common good proven bank branches. Intervention at the political level, a system-critical education offer, the diversion of money from the financial to a common-good promoting real economy, an internal structure that follows the sociocratic decision-making model. All this shows the comprehensive innovative concept for social change. So, it does actually exist - the alternative!