Mondragon
Mondragon is a cooperative business model based in the Basque Country of Spain. Founded in 1956, it consists of a federation of worker cooperatives that prioritize democratic governance and shared ownership. The model emphasizes collaboration, social responsibility, and community development.
The Mondragon Corporation is the largest cooperative in the world, encompassing various sectors such as manufacturing, retail, and finance. It operates under the principle of "cooperative solidarity," where profits are reinvested into the community and shared among workers. This approach aims to create sustainable economic growth while promoting social equity.