They are given skill trainings and social safety nets to ensure sustainable employment. Within the global cooperative movement, the Basque town of Mondragon occupies a special place. The tour I took was organized and led by Georgia Kelly of the Praxis Peace Institute. We heard (and read) many stories of economic crises and how the cooperatives, individually and collectively, weathered them. In all cases, they remained true to their core value — providing long-term employment (and other benefits) to their worker-owners — but they did so with creativity, self-sacrifice, an emphasis on fairness, and an impressive commitment to collaborative decision-making. That said, for the public part, the Mondragon system faces the same basic funding issues of defined benefit programs worldwide: uncertainty about where the money will come from in a volatile economy where current workers paying into the system are not keeping pace with the extended lifespans of retirees. Workers in Mondragon have the right to participate in a democratic decision-making governance structure. The third issue of concern had to do with the status of women. The surprise was in the scale of the experiment. How cooperatives show resilience to the crisis can be watched in English, French, Spanish, Italian, Polish, Japanese, Greek, Turkish, Bulgarian and Korean here! Workers in those other locations are not members of the cooperatives, and thus do no participate in democratic governance. In the wake of the 2008 financial crisis, Fagor Electrodomésticos, the largest of the industrial cooperatives, failed, eliminating the jobs of 1,800 worker-owners in 2013. Our local guide, the father of two daughters, acknowledged that this situation was less than desirable, but noted that the situation is improving, particularly at the level of the Governing Councils, where they now represent 25 percent of the membership. That’s advocacy. In Mondragon, all cooperatives must allocate a minimum of 10% of their net profits to the co-op’s social fund used for community investments. Shelves: econ. In Mondragon and elsewhere, there are still far fewer women than men studying engineering, a critical issue in Mondragon’s engineering-heavy industrial economy. 2. WE ARE MONDRAGON A PROJECT SPANNING MORE THAN 60 YEARS, COMPETING IN GLOBAL MARKETS WITH ITS OWN MODEL BASED ON PEOPLE AND INTERCOOPERATION. Together with the inhabitants of the town he founded a vocational school. Creating for Humanity is a massive call to action that invites social innovators to present ideas, solutions or start-ups that respond to the needs created by the health crisis The assumption of the dominant culture — reinforced by our current economic system — is that each of us is on our own, out for ourselves (and our immediate families), and that the pursuit of material rewards (including extraordinary rewards) is the primary motivation for our economic behavior. Mondragon Team Academy (LEINN) together with MONDRAGON and other companies, Foundations and NGOs united to mobilize young people to create solutions for the coronavirus. The Mondragon Cooperative Group, which is the 10th-largest entrepreneurial group in Spain, is one of the most outstanding examples of worker cooperatives in history (Mondragon Corporation, 2013). By the time of our 2017 visit, only 60 former employees (three percent) remained unplaced. There are several characteristics that make this an appropriate and potentially sustainable niche for a global competitor coming from a high wage country. In a cooperative, where the democratic process has a direct daily impact on people’s lives and livelihoods, the participation rate and level of thoughtfulness would be expected to be higher than in the more distant matters of representative government. Zur MCC gehören mehr als 100 Unternehmen verschiedener Sektoren wie Maschinenbau, Automobilindustrie, Haushaltsgeräte, Bauindustrie, Einzelhandel (u. a. Supermarktkette Eroski), Banken und Versicherungen. The first, and most troubling, was the issue of international workers who are not members of the cooperatives. The Mondragon Corporation has over 266 business and cooperatives, in 32 countries. Social Council: This is an entity that is, in some respects, like a labor union, because it represents the concerns of worker-owners, but from the lens of their experience as workers. 6. The full version of the documentary TOGETHER. That’s advocacy. Although it may not be the perfect utopia many envision, there is room for growth and change. the Governing Council and Managing Director) and sometimes supporting the “workers” (i.e. “ There are three kinds of power. Disputes are resolved by the “owners” (i.e. Spain offers universal health care to its citizens and Mondragon offers its own universal coverage system. Despite its many virtues, Mondragon is not utopia. There are 2000 cooperatives in the Mondragon region with 97 of those connected under the Mondragon Cooperative Corporation (Etxeberria, 2019, n.p.). But there is growing evidence and support for alternatives that seek to satisfy deeper human needs, such as compassion for one’s fellows and the pursuit of meaning in one’s work. This cultural relationship and understanding of work highlights the MCC principle of the sovereignty of labor. Because of the principle of “intercooperation” among the Mondragon cooperative enterprises — that is, the idea of connectedness and reciprocity among all the participants in the system — most the employees were relocated to other cooperatives. And second, because economic decisions may impact individual workers differently, the structure helps produce decisions based on “fairness” in balancing the needs of the few directly affected individuals with the needs of the many who are not. While I don’t have enough data to draw firm conclusions, I believe this structure produces decisions that are both different from and better than those of capitalist firms in two specific ways. It is an elective body that represents worker interests to the Governing Council and Managing Director. … The Mondragon Cooperative Corporation (MCC) is a holding company for 110 cooperatives and 147 subsidiary companies. 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