Latest update August 17th, 2026 10:20 AM
Nov 16, 2017 Letters
DEAR EDITOR,
Two happenings have prompted this brief correspondence on what could now be considered a relatively quaint issue, once of national significance – the Co-operative Movement.
First, I was approached to consider ideas to promote interest in and indeed the rejuvenation of Co-operative Societies throughout Guyana. (Poor me, I had the feeling that “Co-ops” hardly still existed in our society. Despite the fact that our Republic is still officially “the Co-operative Republic of Guyana.”)
Secondly, I’ve just read a piece on “The Socialist Revolution” penned by a former Speaker of our Parliament who was also a former top PPP player who would be President.
I must note too that the same introductory section to our Constitution which describes the country’s official title also reminds that Guyana is a “… democratic sovereign State in the course of transition from Capitalism to Socialism.”
Of course it is quite understandable if most of our Guyanese citizens today wouldn’t grasp the “Capitalism-to-Socialism” Constitutional aspiration. Personally, I am of the view that whilst Socialism as a socio-economic ideal is not completely deceased, the overwhelming principles and behaviours of Capitalism (in terms of the production of assets, markets wealth etc.) prevail. But why do I link any consideration of the Co-operative Movement to or with Socialism?
Perhaps because various socio-economic systems set out to achieve very similar objectives – like creating and distributing wealth equitably, after the elimination of exploitation and poverty. Alas how the best of intentions fall woefully short. Co-ops ,however, are managed by the small members who are all owners of the business enterprises.
The State of Israel utilised the Co-op Society system to kick-start economic development and I once visited a giant Agricultural Co-op in faraway Uzbekistan.
Our own early Co-op Movement boasted numerous success stories, especially in land development, consumer enterprises and thrift societies. This prompted Forbes Burnham to insert “Co-operative” in the country’s official name and to declare that, along with the government and the private sectors, Co-ops would be the third vehicle to travel the road of national economic development. I wonder: did Co-ops die with Forbes Burnham?
Not really, but it seems that “the small man” has turned to IPED, the Small Business Bureau and other facilities to develop small businesses. There is nothing to prevent Co-operative Societies, well organised and managed, to utilise those facilities as well.
Fifty – two years ago as a young teacher in training it was compulsory for me to do a “Course in Co-operation”. Perhaps elements of such a programme should be brought back.
A.A.Fenty
Subscribe to get the latest posts sent to your email.
Rising Debt, Rising US Dollar Rate in Oil-rich Guyana!

Aug 17, 2026
Punta Cana, Dominican Republic – The Guyana Football Federation (GFF) Under-14 Boys made a commanding start to the 2026 Caribbean Football Union (CFU) U14 Challenge Series, securing a resounding 8...Aug 17, 2026
(Kaieteur News) – One of the persistent afflictions of post-colonial societies is the absence of planning commensurate with ambition. Governments announce grand projects, inaugurate grand buildings, make grand speeches and produce grand visions, but somewhere between the vision and the delivery...Aug 16, 2026
By Sir Ronald Sanders (Kaieteur News) – Haiti’s plight must not be forgotten because it is no longer a regular feature of international headlines. The suffering has not diminished. Between January and early June 2026, at least 2,310 people were killed, 1,106 were injured and 99 were kidnapped,...Aug 17, 2026
(Kaieteur News) – I have heard about a hanging judge. From readings, I know about travelling judges. There’s familiarity with governing judges better known as Administrative Law Judges. Thanks to the leader of the A Partnership for National Unity (APNU), Mr. Aubrey Norton, I now have my...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com