The focus is entirely on the movement in America, its philosophy, aims and achievements. It gives a hopeful picture of a way out of the impasse between labor and capital through a social-economic revolution. His survey of the situation indicates that cooperatives are on the upward trend, and he analyzes the character of the movement here, ""a mutation of capitalism eliminating the waste of competition."" Workers' cooperatives and their failure, consumers' and marketing cooperatives and their success. Management, financial figures, types, and application within other organizations.