Key Facts and Insights from the Book
- Mondragon Corporation is a federation of worker owned cooperatives based in the Basque region of Spain.
- The corporation was founded in 1956 by a Catholic priest, Father Jose Maria Arizmendiarrieta.
- The corporation operates based on a unique and innovative model that combines worker ownership, participatory management, and a solidarity-based approach to wages and benefits.
- The Mondragon model has proven to be remarkably successful, with the corporation now comprising more than 260 companies, employing over 80,000 people, and generating annual revenues of more than €12 billion.
- The book provides an in-depth analysis of...
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