Mondragón Corporation

Mondragón Corporation is a large, cooperative group based in Spain, founded in 1956. It comprises hundreds of worker-owned cooperatives across industries like manufacturing, retail, finance, and education. Employees are also the owners, sharing profits and decision-making equally. This model promotes job stability, democratic management, and community development, emphasizing social and economic sustainability. Mondragón's success demonstrates how cooperative principles can create a resilient, participative business structure that benefits workers and local communities alike.