@kaptainwalcott@mastodon.social well technically the first co-op in the usual sense was shortly before that date. But yes.
Point is ther ehave been a TON of new companies in those 100+ years. If co-ops were good companies that were efficient and paid back their loans well I cant think of any reason they would establish and grow like any other country and if they were superior dominate the industry.
i mean how many companies around today even existed before 1844... Many of the biggest I can think of were much later.