Analysts said it couldn’t happen and liberals said it was too early to come, but the Spanish cooperative of Mondragon has grown into a global powerhouse.
The Mondragon cooperative of 120 different companies was the focus of Carl Davidson, a writer and the national co-chair of the Committees of Correspondence for Democracy and Socialism, who talked on Thursday to a sparse audience in Lawson Hall. The speech was sponsored by the Committee on Peace Studies and the Latin American and Latino Studies Program.
Mondragon is the largest cooperative in the world. The cooperative has been successful in a wide array of businesses including industry, research, and education.
“Think about a platypus. When they discovered them (Mondragon), it wasn’t supposed to exist,” Davidson said.
An unusual aspect of the cooperative is all the workers are owners of the company. Every worker gets one vote and a paycheck based on the company’s profits rather than a wage.