In the Basque village of Mondragón, the majority of the population works in cooperatives.
All employees are also co-owners and together they decide on the company policy. Even in today’s harsh economic climate, this approach is successful. Mondragón manufactures high-grade technological products and is now the seventh largest company in Spain, a multinational with branches all over the world.
“Developing a social model on a cooperative basis, in the post-war capitalist era and in a hostile environment: that is a miracle.”
Looking for an English version of this documentary? Check this link.
HT to @gaapster for pointing us towards this documentary.