The Mondragon Experience

The Mondragon Experience refers to a unique cooperative business model in the Basque region of Spain, where workers collectively own and manage their companies. Founded in 1956, Mondragon emphasizes worker participation, shared profits, and social responsibility. This system promotes economic stability, innovation, and community development by prioritizing workers' well-being and democratic decision-making, rather than solely focusing on profit. It demonstrates how cooperative principles can create sustainable, resilient enterprises that benefit both employees and the local community.