
Arismendi Cooperative
The Arismendi Cooperative is a network of worker cooperatives based in Spain, particularly notable for its innovative model that emphasizes worker ownership and democratic management. Members jointly own and operate their businesses, sharing profits and decision-making responsibilities. This approach fosters collaboration, empowers workers, and seeks to build sustainable communities. Arismendi is often associated with the Mondragon Corporation, a successful federation of cooperatives that originated in the Basque Country, showcasing how cooperative values can drive economic success while prioritizing social well-being. Overall, it's an example of a business model focused on people rather than profit alone.