Friedrich Wilhelm Raiffeisen
Friedrich Wilhelm Raiffeisen was a German politician and pioneer of the cooperative movement in the 19th century. He is best known for founding the idea of modern cooperative banking, which aimed to provide financial support to rural communities and promote self-help among farmers. His innovative approach established the principles of collective action and mutual assistance, leading to the establishment of numerous cooperative banks across Germany. Raiffeisen's legacy continues to influence cooperative structures today, with over 7,500 cooperatives operating in various sectors, including agriculture, energy, and real estate in Germany. His philosophy emphasized the strength of community collaboration, which resonates in contemporary cooperative movements worldwide.
Born on Mar 30, 1818 (207 years old)
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Countries Mentioned
| Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
|---|---|---|---|---|---|---|---|---|
| Croatia | 1 | 9.00 | 0.05% | +0% | 4,105,267 | 2,048 | $68,000 | 34$ |
| Totals | 1 | 4,105,267 | 2,048 | $68,000 | 34$ |
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Each country's color is based on "Mentions" from the table above.
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Croatia:
Friedrich Wilhelm Raiffeisen is known for initiating the idea of modern cooperatives 170 years ago.
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