You seem to be conveniently ignoring that businesses that are not charities are run for profit, including state-owned corporations. Being run for a profit does not disqualify something from being socialist.None of those things are socialism. The company or business or co-op remains privately owned and run (and not State owned and run), and it operates for a profit (or for the benefit of the workers/ owners of the company).
The difference is, cooperatives work on a one member, one vote system, rather than voting power being contingent on the number of shares owned. The means of production are therefore not controlled based on the amount of capital that each individual has invested. Therefore this constitutes collective ownership amongst all members, and is fundamentally different to shareholder capitalism. If the co-operative is a worker co-operative, then the decision making power is equal amongst all workers involved in producing the product. That is fundamentally what socialism is, no matter what the OED defines the term as.That is NOT socialism. That is just a company, owned privately, and run for profit for the people (private individuals) that work for and own it.
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