Information about Mondragon

1Worker1Vote Follows Mondragon Principles

What Is Mondragon?

Mondragon is the top industrial group in the Basque region, ranked 10th in Spain with 80,000 personnel and maintains a presence in 70 countries. Mondragon won the 2013 Financial Times Boldness in Business award. They noted, “Mondragon’s co-operative structure has not stopped it thriving despite Spain’s economic downturn.” Mondragon holds that labor is sovereign and capital, while essential, is subordinate to labor and sustainable job creation.

Learn more about Mondragon, its companies, markets, policies and more in this presentation from Ibon Zugasti, LKS.

Mondragon Principles:

  • Open Admission
  • Democratic Organization
  • Sovereignty of Labor
  • Instrumental and Subordinate Nature of Capital
  • Participation in Management
  • Wage Solidarity
  • Inter-Cooperation
  • Social Transformation
  • Universality
  • Education