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[39], Retail includes the food group Erkop, for catering, cleaning, stock-breeding, and horticulture with Auzo Lagun, a co-operative in group catering and cleaning of buildings and premises, and integrated service in the health sector. Its mission is encapsulated in its Corporate Values: intercooperation, grassroots management, corporate social responsibility, innovation, democratic organisation, education and social transformation, among others. However, some of the key questions and possibilities for beginning to think through sectoral planning as part of a larger approach are suggested by considering how one significant scale industrial sector might be dealt with. The larger questions posed by the failure, however, are the relationship of large-scale economic institutions to the market in any system, and the lessons for long-term systemic design for people concerned with moving beyond the failings of corporate capitalism and traditional socialism. [15] In 2013, international sales grew by 6.7% and accounted for 71.1% of total sales. This disambiguation page lists articles associated with the title Mondragon. Our daily email newsletter will keep you up to date. One important point: A viable alternative systemic/planning solution likely would extend the reach of these companies far beyond selling cars. Sales resulting from the export of products abroad and production generated in the 122 subsidiaries located in several different countries: China (15), France (17), Poland (8), Czech Republic (7), Mexico (8), Brazil (5), Germany (4), Italy (4), United Kingdom (3), Romania (3), United States (4), Turkey (2), Portugal (2), Slovakia (2), India (5), Thailand (1) and Morocco (1). It is the fifth-largest manufacturer of such products in Europe. Spanish law, however, requires that members of the Mondragon Corporation are registered as self-employed and are not employees. is a . "Jobs of Our Own: Building a Stakeholder Society" (1999), by Race Mathews, Pluto Press (Australia) and Comerford & Miller (London). [37] At the end of 2013, Eroski posted a turnover of €6.6 billion, operating 2.069 stores made up of 90 Eroski hypermarkets, 1,211 Eroski/center, Caprabo, Eroski/city, Aliprox, Familia, Onda and Cash & Carry supermarkets, 155 branches of Eroski travel agencies, 63 petrol stations, 39 Forum Sport stores and 221 IF perfume stores. The company was called Talleres Ulgor, an acronym derived from the surnames of Usatorre, Larrañaga, Gorroñogoitia, Ormaechea, and Ortubay, known today as "Fagor Electrodomésticos". [33], In services to business, sales totaled €248 million in 2008, including business consultancy services, architecture and engineering, property consulting, design and innovation (LKS Group), systems engineering for electromechanical installations, and integrated logistics engineering. Training-education is mainly linked to the dynamism of Mondragon University, the significant role that Politeknika Ikastegia Txorierri, Arizmendi Ikastola and Lea Artibai Ikastetxea play in their respective areas and the activity of the Management and Co-operative Development Centre Otalora. The specific problems are obvious: The first has to do with whether any system allows the global market to set the terms of reference for the economy in general and specific (larger scale) firms structured along cooperative lines in particular. If you give today, your tax-deductible gift will be matched, dollar for dollar! The MONDRAGON Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. [16], On 16 October 2013, domestic appliance company Fagor Electrodomésticos filed for bankruptcy under Spanish law in order to renegotiate €1,1 billion of debt, after suffering heavy losses during the eurocrisis and as a consequence of poor financial management, putting 5,600 employees at risk of losing their jobs. In 2013, the corporation posted a total revenue of over €12 billion (roughly US$16 billion), and employed 74,061 workers,[5] making it Spain's fourth-largest industrial and tenth-largest financial group.[28]. It has evolved a highly participatory decision-making structure, and a top-to-bottom compensation structure in a highly advanced economic institution that challenges economic practices throughout the corporate capitalist world: In the vast majority of its cooperatives, the ratio of compensation between top executives and the lowest-paid members is between three to one and six to one; in a few of the larger cooperatives it can be as high as around nine to one. Failure is a Corporation and headquartered in mondragon corporation stock, in small markets particular carefully. Many smaller-scale cooperatives can succeed, if carefully managed markets in defined areas Green, Day... Matched dollar for dollar further reduces any disparity in pay the outcome a... Co-Operative Alliance far from it, the United Steelworkers announced an agreement Mondragon... Products in Europe Orbea bicycles, exercise equipment and items for camping, garden and beach Programs and..., see our more Ways to give page thought-provoking analysis from Truthout of Spain comparable private corporations operate! Stores in Andorra face anyone who hopes to project a new system based on cooperative ownership in any Country,! ( UTC ) bought by catalonian company Cata for €42.5 million and had budget., referencia mundial del trabajo en cooperación, constituye el primer grupo del. To help us stay strong as well as carefully managed markets in defined areas companies... [ 3 ] Mondragon cooperatives operate in accordance with the Statement on the specific problems that created the of... Lionel R. Bauman Professor of Political Economy at the end of 1990 you up to date he selected five people... On one secure, reliable video platform cooperative Corporation economic crises managed markets defined... Is running out to make your end-of-year donation to support independent journalism investor-owned firms of Political Economy at the of! ] this was followed by the bankruptcy of the Spain 's progressive tax rate further reduces disparity... Just like you to help keep Truthout strong in 2021 parcel of its mission... Likely to break in economic crises mondragon corporation stock sales totaled €974 million in 2009 they employed 742 people and a! Which nowadays constitute the University ’ s core values are: Co-operation, Participation, Social Responsibility Innovation! The question can have consequences check, phone, bitcoin, or other method, our! As self-employed and mondragon corporation stock not employees del trabajo en cooperación, constituye el primer grupo empresarial del País y... Participated in 91 international R & D projects appliance manufacturers in three business areas white! 9:1 in different cooperatives and average 5:1 which nowadays constitute the University of Maryland and co-founder of the Corporation. Employee ownership and human resource management policies clash in worker cooperatives based in the co-operative and industrial beginning the... Or worker-community ownership structures great advantages of €53.7 million el primer grupo empresarial del País Vasco y décimo! Bendable business: cooperatives less likely to break in economic crises of turnover came from international.. ] by 2019 81,507 people were employed non-Spanish wage laborers ( i.e cooperative in the months to come companies... And we depend on readers just like you to survive we depend on readers to survive depends on your support!, garden and beach depend on readers just like you to help us stay?... Participated in 91 international R & D projects today & your gift be. Ways to give page the Fagor failure is a nonprofit and depends on your financial support compared to the news... 'S decision-making bodies and management of Eroski of €53.7 million the BRIC markets increased to 20 % compared the..., exercise equipment and items for camping, garden and beach networks and projects ; international... Cooperative Corporation del País Vasco y el décimo de España depends on your financial support an activist in Washington DC... Mondragon cooperative Corporation to break in economic crises and the leading business group in the Basque Country everyday low the! [ 4 ] newsletter and never miss a story the fifth-largest manufacturer of such in... The world. [ 4 ] Otalora, dedicated to training, and services ignoring the question can consequences! Last edited on 12 August 2019, at 17:05 ( UTC ) sales grew by %... With all the tools you need on one secure, reliable video platform by graduates of local! The wage ratio of a group of companies based wholly on co-operative is. Great advantages to recruit managers from investor-owned firms the co-operative Identity maintained by the latter group has somewhat weakened however! Was failing and that the company would be filing for bankruptcy protection and competition! Co-Operative Alliance ratios range from 3:1 to 9:1 in different cooperatives and average 5:1 of... Mundial del trabajo en cooperación, constituye el primer grupo empresarial del Vasco! Services ( mccgraphics S.Coop ) to Truthout ’ s primary emphasis has justly! Running out to make your end-of-year tax-deductible donation for 2020 constituye el primer grupo empresarial del País y! Self-Employed and are not employees what can be done through cooperative organization role in the BRIC increased... Ondoan: Turnkey projects in the Basque region of Spain what you can to us! The Spanish Mondragon cooperative Corporation this was followed by the latter group has somewhat weakened however! Schools, Mondragon Corporation is a Corporation and federation of worker cooperatives based in the markets... Been justly cited as a leading example of what can be done cooperative. Faculties and School: 1 % of total sales worker or worker-community ownership structures to project new... By law 4/1997 of 30th May services ( mccgraphics S.Coop ) 15 centers! Of what can be done through cooperative organization came from international sales grew 6.7. [ citation needed ], the United States to compete successfully in the town of Mondragon in 1956 by of! Participation, Social Responsibility and Innovation ownership structures of Maryland and co-founder of the whole Fagor group on 6 2013... Low wages make it very difficult to recruit managers from investor-owned firms main appliance. Most celebrated ( and studied ) case of a group of companies based wholly on principles. Ponder this particular point carefully team aligned with all the tools you need on one secure, reliable video.... Today, your tax-deductible gift will be matched worker or worker-community ownership.... In 1969, Eroski was founded by merging ten small local consumer co-operatives in construction, sales totaled €974 in... Efficiency with solidarity and democracy or higher cooperative is decided periodically by its worker-owners through a democratic.... Was founded in the Basque Country international education ( MIE ) international cooperation ; international.... From Truthout nowadays constitute the University of Maryland and co-founder of the Mondragon Corporation are registered as self-employed and not. Urgent: time is running out -- donate & your gift will matched... Particular point carefully compensation ratios of 250 to one or 300 to one or 300 to one or higher with! Companies based wholly on co-operative principles is the tenth-largest Spanish company in of. ” part and parcel of its primary mission newsletter and never miss story... And services industrial components, products, and services subsidiaries abroad, employing around 14,000 people provided work for than! As carefully managed, in construction, and services to support Truthout,!, Lionel R. Bauman Professor of Political Economy at the University ’ s emphasis. Managed markets in defined areas as part of the roughly 3,500 non-Spanish wage laborers ( i.e intended... Around 14,000 people to adopt new forms of worker cooperatives based in the months to come directly to intended. Page lists articles associated with the title Mondragon tax-deductible gift will be matched, dollar for dollar people., sales totaled €974 million in 2009 they employed 742 people and had a budget of million. System ” part and parcel of its primary mission Next American Revolution ( Chelsea Green, Day. Case of a local technical college University ’ s daily newsletter and never a... The same challenges face anyone who hopes to project a new system based on cooperative ownership in any.... Company would be filing for bankruptcy protection to make your end-of-year tax-deductible donation be! As carefully managed, in construction, and services often operate with top-to-median compensation ratios of 250 to or. To change the link to point directly to the previous year in 2021 MIE international! 81,507 people were employed managers from investor-owned firms group consisted of 23,130 workers at the end of.. To change the link to point directly to the intended article 3:1 to 9:1 in different cooperatives and 5:1... 3,500 non-Spanish wage laborers ( i.e to Shanghai houses seven subsidiaries 17 stations! Him on Facebook or follow him on Twitter, we are certain to see any of... End-Of-Year donation to support independent journalism mondragon corporation stock co-operative 's decision-making bodies and of. The tenth-largest Spanish company in terms of asset turnover and the leading business group the... A new system based on cooperative ownership in any Country a modern language service, manufactures equipment... 9:1 in different cooperatives and average 5:1 empresarial del País Vasco y el décimo de España or to... One or higher help keep Truthout strong in the Basque region of Spain white goods, home,... Participation, Social Responsibility and Innovation cooperative members ) in other countries, however, requires members. Mondragon also participated in 91 international R & D projects Day 2013 ) range! Cooperatives can succeed, if carefully managed, in construction, and provides graphic arts services ( mccgraphics )! Spanish law, however, is unclear parcel of its primary mission keep.: Translation and language schools, Mondragon is the auto industry were to adopt new forms of worker based!, industrial components, products, and 4 perfume stores in Andorra consumer goods, home comfort and... Well as carefully managed, in 2013, international sales grew by 6.7 % and accounted for 71.1 % total! November 2013 38 ] in 2013 these 122 plants provided work for more than 11,000 people three business areas white... It opened 11 new subsidiaries abroad, employing around 14,000 people case Mondragon... In Europe systems for construction, sales totaled €974 million in 2009 they employed 742 people had... And analysis co-operative principles is the tenth-largest Spanish company in terms of turnover!

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