Category: Cooperative

This will be my last post about Making Mondragon, a book I have just read about the Mondragon cooperative complex (prior posts: I, II). I read the book hoping to clear up some confusions I had about how cooperative businesses could successfully handle certain problems. Here I address how Mondragon deals with cooperatives when they… Continue reading How Mondragon handles cooperative failures

I am reading Making Mondragon right now, trying to answer some questions I have about how a cooperative business can succeed. Earlier I posted about the way Mondragon handles the owner part of the worker-owner mix, which answered my question regarding how you can manage the problems caused by incoming and departing employees. Here I… Continue reading How Mondragon stops workers from selling out

Worker cooperatives are worker-owned businesses. The left likes them for two main reasons. First, workers capture the profits the business makes, not separate owners. This arrangement therefore eliminates exploitation in the Marxist sense of the word. Second, workers control the business, not separate owners. This arrangement therefore reduces alienation, at least the part of alienation… Continue reading Mondragon cooperatives use capital accounts