Global Cooperative Leaders Unveil Plan for a New Economic Order – Urgent Breaking News
DOHA, Qatar – November 4, 2025 – A seismic shift in economic thinking is underway. At the World Summit for Social Development in Doha today, a powerful coalition of cooperative and mutual leaders launched a groundbreaking “Treaty for a New Global Economy,” signaling a potential turning point in how we approach economic growth, social responsibility, and sustainable development. This isn’t just another summit; it’s a declaration of intent from organizations representing a staggering $2.8 trillion in combined turnover – equivalent to the eighth largest economy in the world.
The CM50: A New Force in Global Economics
The initiative, spearheaded by the International Cooperative Alliance (ICA) and known as the Cooperatives and Mutuals Leadership Circle (CM50), brings together visionaries from some of the world’s most impactful cooperative enterprises. Leaders like Jayen Mehta (Amul, India), Shirine Khoury Haq (Co-op Group, UK), Howard Brodsky (CCA Global Partners, USA), Fabíola da Silva Nader Motta (OCB, Brazil), and Rob Wesseling (The Cooperators, Canada) are at the forefront of this movement. The CM50 isn’t simply advocating for change; they’re demonstrating a viable alternative to traditional economic models.
This launch comes at a critical juncture. The cooperative business model is increasingly recognized as a powerful tool for achieving the UN Sustainable Development Goals, fostering social inclusion, and building economic resilience in a world facing unprecedented challenges. The Doha Political Declaration explicitly highlights the role of cooperatives in supporting entrepreneurship, creating decent work, and advancing social integration.
Beyond Profit: The Cooperative Difference
What sets this apart? Cooperatives operate on a fundamentally different principle than traditional corporations: democratic member control and a focus on shared prosperity. Instead of maximizing profits for shareholders, cooperatives prioritize the needs of their members and the communities they serve. This people-centered approach isn’t just ethically sound; it’s proving to be remarkably effective.
The ICA’s latest World Cooperative Monitor reveals the sheer scale of the cooperative movement. The 300 largest cooperatives globally generate a combined turnover of $2.8 trillion. But the impact goes far beyond the numbers. Cooperatives are known for their commitment to fair labor practices, environmental sustainability, and community development. They’re building economies that work for everyone, not just the few.
A Legacy of Collaboration: From 1895 to 2025 and Beyond
The ICA, founded in 1895, has a long and storied history of championing the cooperative model. This year, 2025, marked the culmination of the United Nations International Year of Cooperatives (IYC2025), a global celebration of the movement’s achievements. The closing ceremony in Doha underscored the vital role cooperatives play in achieving the UN Sustainable Development Goals. The ICA also unveiled its Strategy 2026-2030, outlining its ambitious plans for expanding the cooperative footprint worldwide.
“Cooperatives have demonstrated their ability to build fairer and more resilient economies and societies,” stated Ariel Guarco, President of the ICA. “Both the Doha Political Declaration and the UN Secretary-General’s 2025 report on Cooperatives in social development acknowledge this unique contribution.”
What This Means for You: A Future Built on Shared Values
This isn’t just news for economists and policymakers. The rise of the cooperative movement has implications for everyone. From the food we eat (think Amul in India) to the financial services we use (like credit unions), cooperatives are already impacting our daily lives. As the world grapples with issues like income inequality, climate change, and social fragmentation, the cooperative model offers a compelling alternative – a path towards a more just, sustainable, and equitable future. The momentum building in Doha suggests that this is a movement poised for significant growth, and one that deserves our attention. Stay tuned to archyde.com for continued coverage of this developing story and in-depth analysis of the evolving global economic landscape.
Source: PRNewswire
