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Iñigo Ucín
The Mondragon Corporation is a corporation and cooperative federation, federation of worker cooperatives based in the Euskal Herria, Basque region of Spain. It was founded in the town of Mondragón in 1956 by Father José María Arizmendiarrieta and a group of his students at a technical college he founded. Its first product was Kerosene heater, paraffin heaters. It is the seventh-largest Spanish company in terms of asset turnover and the leading business group in the Basque Country (autonomous community), Basque Country. At the end of 2016, it employed 74,117 people in 257 companies and organizations in four areas of activity: finance, industry, retail and knowledge. By 2019, 81,507 people were employed. In 2024, it had over 70,000 workers, 30,660 in the Basque Country, 29,340 in the rest of Spain and around 10,000 abroad. Mondragon cooperatives operate in accordance with the Statement on the Co-operative Identity maintained by the International Co-operative Alliance. Histor ...
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Worker Cooperative
A worker cooperative is a cooperative owned and Workers' self-management, self-managed by its workers. This control may mean a Company, firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one in which management is elected by every worker-owner who each have one vote. Worker cooperatives may also be referred to as labor-managed firms. History Worker cooperatives rose to prominence during the Industrial Revolution as part of the labour movement. As employment moved to industrial areas and job sectors declined, workers began organizing and controlling businesses for themselves. Worker cooperatives were originally sparked by "critical reaction to industrial capitalism and the excesses of the industrial revolution," with the first worker owned and managed firm first appearing in England in 1760. Some worker cooperatives were designed to "cope with the evils of unbridled capitalism and the insecurities of wage labor". The philoso ...
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