Is Mondragon really a cooperative?
Vision. MONDRAGON is Cooperation A cooperative socioeconomic project, with dedicated people working in global companies that are profitable, competitive and enterprising, acknowledged for their human values, social impact and competitiveness.
What is the Mondragon system?
Mondragon operates under the values of participation, innovation, social responsibility, and cooperation. Workers in Mondragon have the right to participate in a democratic decision-making governance structure. They are given skill trainings and social safety nets to ensure sustainable employment.
Are worker cooperatives socialist?
Worker cooperatives are independent of socialist/capitalist classification.
Is Mondragon successful?
Mondragón in the Spanish Basque Region is the largest cooperative in the world and one of the most successful companies in Spain.
Why do worker cooperatives fail?
Co-ops may fail because of poor management. Excessive costs, inadequate marketing, lack of attention to customers, etc. are bad for any business. Securing technically competent management is necessary for co-ops, but is not in itself sufficient for their needs.
Is Mondragon work managed?
Take the most advanced case: Mondragon. It’s worker-owned, it’s not worker managed, although the management does come from the workforce often, but it’s in a market system and they still exploit workers in South America, and they do things that are harmful to the society as a whole and they have no choice.
Why are worker cooperatives so rare?
Why Worker Cooperatives Are So Scarce. Olsen’s study on the viability of worker cooperatives concluded that their scarcity in the US was due to obstacles to their creation, not to their survival.
What products does Mondragon make?
In capital goods, Mondragon posted a turnover of €976 million in 2009 and is the leading Spanish manufacturer of machining (Danobat Group) and sheet metal forming (Fagor Arrasate Group) machine tools.
Why are worker coops so rare?
What is the biggest worker co-op?
Cooperative Home Care Associates (CHCA)
The largest worker cooperative in the United States is Cooperative Home Care Associates (CHCA), a home care agency with over 2,000 workers based in the Bronx, New York.
How many employees does Mondragon have?
|Key people||Iñigo Ucín (chairman)|
|Revenue||€12.110 billion (2015)|
|Total assets||€24.725 billion (2014)|
|Number of employees||81,507 (2019)|
Are worker cooperatives successful?
Jobs at worker cooperatives tend to be longer-term, offer extensive skills training, and provide better wages than similar jobs in conventional companies. Furthermore, worker cooperatives offer opportunities for greater participation in management and governance decisions that help the business succeed.