In 1941, a young Catholic priest, José María Arizmendiarrieta settled in Mondragón, a town with a population of 7,000 that had not yet recovered from the poverty, hunger, exile, and tension of the Spanish Civil War. Company profile page for Mondragon Corp Cooperativa including stock price, company news, press releases, executives, board members, and contact information Innovation. The ORONA Group produces elevators. 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. Its first product was paraffin heaters. Bendable Business: Cooperatives less likely to break in economic crises. [36], In 2012 Richard D. Wolff, an American professor of economics, hailed the Mondragon set of enterprises, including the good wages it provides for employees, the empowerment of ordinary workers in decision making, and the measure of equality for female workers, as a major success and cited it as a working model of an alternative to the capitalist mode of production. [6], In 1943, Arizmendiarrieta established a technical college which became a training ground for managers, engineers and skilled labour for local companies, and primarily for the co-operatives.[7]. Mondragon corporation worldwide; Partners institutions; Programs networks and projects; Mondragon international education (MIE) International cooperation; International days. Mondragon University . If you give today, your gift will be matched dollar for dollar. Subscribe to Truthout’s daily newsletter and never miss a story. Mondragón itself, and proposals for systemic change based on larger-scale cooperatives in general, have only occasionally directly confronted some of the larger challenges that the market poses to cooperative institutional forms. [11], On the international stage, the aim was to respond to growing globalisation, expanding abroad by setting up production plants in a number of countries. Lower wage levels are on average 13% higher than similar jobs at local businesses. [36], Mondragon runs Eroski, one of the leading retail groups all over Spain and in southern France, and maintains close contacts with the French group Les Mousquetaires and the German retailer Edeka, with whom it set up the Alidis international purchasing group in 2002. [52], reliable, independent, third-party sources, Learn how and when to remove this template message, "Mondragón: One of Spain´s largest corporations belongs to its workers", The Mondragón Experiment - Corporate Cooperativism (1980) FULL, http://www.euskomedia.org/aunamendi/76338, "Year-on-year Development, MONDRAGON Corporation". Also, any larger-scale, system-changing planning effort likely would utilize direct planning as well as carefully managed markets in defined areas. [10], With Spain scheduled to join the European Economic Community in 1986, it was decided in 1984 to set up the "Mondragon Co-operative Group", the forerunner of the current corporation. Its first product was paraffin heaters. This is one of the cooperative network’s great advantages. [25] 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. Mondragon Corporation The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. The first Mondragón cooperatives date from the mid-1950s, and the overall effort has evolved over the years into a federation of 110 cooperatives, 147 subsidiary companies, eight foundations and a benefit society with total assets of 35.8 billion euros and total revenues of 14 billion euros. Created in 1997 and officially recognised by Law 4/1997 of 30th May. and Irakasle Eskola S.Coop., which nowadays constitute the University’s two Faculties and School: 1. [citation needed], In 2013, 71.1% of turnover came from international sales. Buy Making Mondragón: The Growth and Dynamics of the Worker Cooperative Complex: 14 (Cornell International Industrial and Labor Relations Reports) 2 by William Foote Whyte, Kathleen King Whyte (ISBN: 9780875461823) from Amazon's Book Store. But moving to scale – as Fagor did in entering the global market for appliances – means that the fate of the institution also rests on the fate of the larger market, and on competition within that market, whether global, as in the case of Fagor, or domestic, as in the case of many other industries. [18] In July 2014, Fagor was bought by catalonian company Cata for €42.5 million. The connection felt by the latter group has somewhat weakened, however, exposing a vulnerable point for the cooperative. The latter includes very diverse business groups such as Abantail: Adaptive design optimization, Alecop: Engineering training, LKS Consultores: Attorneys etc., LKS Ingeniería: Architects and engineers. [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. From June 5th to June 7th. MONDRAGON Corporation is the embodiment of the co-operative movement that began in 1956, the year that witnessed the creation of the first industrial cooperative in Mondragón in the province of Gipuzkoa; its business philosophy is contained in its Corporate Values: Cooperation. Centro Corporativo de MONDRAGON Pº Jose Mª Arizmendiarrieta nº 5 20500 Mondragón – Gipuzkoa – Spain Tel: +34 943 779 300 Under Spanish law, the company now has four months to negotiate with its creditors – which include the Basque government, banks and others – and formulate a restructuring plan. It was founded in the town of Mondragón in 1956 by graduates of a local technical college. The recent economic failure of one of the most important units of the Mondragón cooperatives offers an opportunity to clarify the issue and begin to think more clearly about our own strategy in the United States. The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. It always sought to compete successfully in the existing system, at the same time demonstrating a superior form of internal organization. Time is running out -- donate today & your gift will be MATCHED! The company was called Talleres Ulgor, an acronym derived from the surnames of Usatorre, Larrañaga, Gorroñogoitia, Ormaechea, and Ortubay, known today as "Fagor Electrodomésticos". Follow us for first access to the latest news and analysis. Its direct predecessor (ULGOR) was the first-ever Mondragón cooperative – established in 1956 by five young students of José María Arizmendiarrieta, the spiritual founder of Mondragón cooperative network. [30], In capital goods, Mondragon posted a turnover of €976 million in 2009 and is the leading Spanish manufacturer of machining (Danobat Group) and sheet metal forming (Fagor Arrasate Group) machine tools. [5] By 2019 81,507 people were employed. Corporación MONDRAGON, referencia mundial del trabajo en cooperación, constituye el primer grupo empresarial del País Vasco y el décimo de España. [46], In an April 2012 interview Noam Chomsky said that while Mondragon offers an alternative to capitalism, it was still embedded in a capitalist system which limits Mondragon's decisions:[47]. In turn, expenditures under this “plan” would be targeted to place-based economic development strategies around economic institutions structured either as worker-cooperatives or, following new models emerging in Cleveland and other cities, around joint community-worker cooperative structures. Truthout is a nonprofit and we depend on readers just like you to survive. [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. Can we count on you to help us stay strong? Faculty of Business Studies 3. Mondragón has been justly cited as a leading example of what can be done through cooperative organization. [29] MCCTelecom: Telecommunication engineering. This page was last edited on 17 December 2020, at 10:18. Space does not permit a full discussion of how participatory planning might be achieved to deal with large-scale unemployment, and economic management in general – two of the severe challenges that have crippled economic development in Spain and contributed to Fagor’s problems. In the leisure and sports area, it manufactures Orbea bicycles, exercise equipment and items for camping, garden and beach. "Jobs of Our Own: Building a Stakeholder Society" (1999), by Race Mathews, Pluto Press (Australia) and Comerford & Miller (London). The worker-owners and consumer-members participate in the co-operative's decision-making bodies and management of Eroski. [48], In 2312, a science fiction novel by Kim Stanley Robinson, the Mondragon Corporation has evolved into a planned economy system called the Mondragon Accord. Take the most advanced case: Mondragon. Our end-of-year fundraiser is when we most need your support. Faculty of Humanities … These low wages make it very difficult to recruit managers from investor-owned firms. Almost certainly many smaller-scale cooperatives can succeed, if carefully managed, in small markets. Mondragon corporation worldwide; Partners institutions; Programs networks and projects; Mondragon international education (MIE) International cooperation; International days . If you give today, your tax-deductible gift will be matched, dollar for dollar! Everyday low … If you’re in a system where you must make a profit in order to survive, you're compelled to ignore negative externalities, effects on others. Thomas M. Hanna is a Senior Research Associate at the Democracy Collaborative. International sales that year accounted for 69% of all sales, a 26% increase from 2009 to 2012, and with 14,000 employees abroad. colaborativa.eu / Flickr)” width=”400″ height=”224″ />Mondragón Corporation. All three options would require major expansion of local public transportation, at an annual cost of at least $240 billion – $140 billion for increased operating costs and $100 billion for capital spending. Gar Alperovitz, Lionel R. Bauman Professor of Political Economy at the University of Maryland and co-founder of the. [16] Mondragon has 479 families of Patents for Inventions, which accounts for 25% patents in the Basque Country, participating in more than 30 R&D cooperation projects at the European level. It is the tenth-largest Spanish company in terms of asset turnover and the leading business group in the Basque Country. The Mondragon system is one of four case studies analyzed in Capital and the Debt Trap, which summarized evidence claiming that cooperatives tend to last longer and are less susceptible to perverse incentives and other problems of organizational governance than more traditionally managed organizations. Headquartered in the Basque Country of northern Spain, MONDRAGON is often considered the most successful example of employee-owned, cooperative, enterprise in the world. Founded in 1956 by Father José María Arizmendiarrieta, the Mondragon Cooperative Corporation currently consists of 102 federated cooperatives employing over … It also offers a modern language service, manufactures educational equipment, and provides graphic arts services (mccgraphics S.Coop). The first was the Copreci plant in Mexico in 1990, followed by many others: up to 73 by the end of 2008, and 122 at the end of 2013. The second challenge takes us beyond the question of planning in connection with trade to planning in connection with the domestic market: It was never the goal of the Mondragón Corporation to seek a planning solution to the problems of the Spanish economy. The first local group was created, Ularco. Mondragon Corporation operates in four areas: finance, industry, retail, and knowledge, with the latter distinguishing Mondragon from other business groups. Engineering technology. Cata pledged to create 705 direct jobs in the Basque Country and to continue the brand names Fagor, Edesa, Aspes, and Splendid. Mondragon Lingua: Translation and language schools, Mondragon Sistemas: Automation, Industrial Computing and Telecommunications. Gar Alperovitz, Lionel R. Bauman Professor of Political Economy at the University of Maryland and co-founder of the Democracy Collaborative, is the author of What Then Must We Do? Its first product was paraffin heaters. Enterprise . At the end of 2014, it employed 74,117 people in 257 companies and organizations in four areas of activity: finance, industry, retail and knowledge. [45] In 2013 its network of technology centers and R&D units provided employment for 1,700 people and the commitment to R&D&I matters amounted to 136 million Euros, 8.5% of added value. Ondoan: Turnkey projects in the energy and environmental sector. Our Movements Built Lasting Power. [14], The industrial sector ended 2012 with a new record of €4 billion in international sales, beating sales figures from before the financial crisis of 2007-2008. A serious “next stage” systemic design almost certainly will have to adopt one or another form of “planned trade” rather than “free market trade” – else the fate of specific firms, and specific groups of workers, and also the communities in which both exist, become subject to the ever-intensifying challenges as corporations play one low-wage country off against another, with the destruction of wage standards and firms (cooperative or otherwise) the inevitable result. [34] In 2012, it opened 11 new subsidiaries abroad, employing around 14,000 people. Time is running out to make your end-of-year donation to support Truthout. MONDRAGON Corporation’s Corporate Video, 2019 http://www.mondragon-corporation.com/language/ [25], Compared to similar jobs at local industries, Mondragon managers' wages are considerably lower (as some companies pay their best paid managers hundreds of times more than the lowest-paid employee of the company)[26] and equivalent for middle management, technical and professional levels. Truthout is a nonprofit & we depend on readers to survive. Mondragon's share in the BRIC markets increased to 20% compared to the previous year. A good reference point is the auto industry in the United States. The Case of Mondragon, "Can employee ownership and human resource management policies clash in worker cooperatives? Actually, one of the successes of Mondragon was its ability to create a sense of identity among the workers within the company, encouraging an environment of solidarity and collegiality among them, a feeling that also extended (although to a much lesser degree) to non-worker-owners. In Robinson's book The Ministry for the Future, the Mondragon Corporation is introduced as a model for a future, post-capitalist, cooperative economy. Engineering technology. Mondragon has constructed buildings and important infrastructure projects. Ultimately, Fagor was unable to find financing to pay off debts of around $1.5 billion related to a 37 percent slump in sales since 2007 that resulted from Spain’s economic crisis and housing market collapse. The MONDRAGON Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. Mondragón Corporation’s historically most important unit is Fagor Electrodomésticos Group, which makes consumer appliances – “white goods” such as dishwashers, cookers and other related household items. Mondragon Corporation P Jose M Arizmendiarrieta 5 , Mondragon , But what do you do when you are up against a global economic recession, on the one hand, or radical cost challenges from Chinese and other low-cost producers, on the other? The corporation's companies manufacture consumer goods, capital goods, industrial components, products, and systems for construction, and services. Arizmendiarrieta spent a number of years educating young people about a form of humanism based on solidarity and participation, in harmony with Catholic social teaching, and the importance of acquiring the necessary technical knowledge before creating the first co-operative. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. Spanish credit union established in 1959 as part of the Mondragon Corporation and headquartered in Mondragón, in the Basque Country of Spain. The goals were to increase competitiveness and market share, bring component supply closer to customers' plants, especially in the automotive and domestic appliance sectors, and to strengthen employment in the Basque Country by promoting exports of co-operatives' products by means of new platforms. 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]. From June 5th to June 7th. Its first product was paraffin heaters. In 2013, the corporation posted a total revenue of over €12 billion (roughly US$16 billion), and employed 74,061 workers, making it Spain's fourth-largest industrial and tenth-largest financial group. [13] On 26 March 2012, the USW, Mondragon, and the Ohio Employee Ownership Center (OEOC) announced their detailed union co-op model. Get the latest news and thought-provoking analysis from Truthout. Straight Talk About The Next American Revolution. It is the tenth-largest Spanish company in terms of asset turnover and the leading business group in the Basque Country. The fate of the roughly 3,500 non-Spanish wage laborers (i.e. 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. Mondragon opened 11 new production subsidiaries. Work published by the Democracy Collaborative in 2010 helps clarify how this might be done: Three alternative scenarios for how population growth to 2050 might be distributed between cities and suburbs were analyzed. Spain's progressive tax rate further reduces any disparity in pay. Internationalisation consolidates MONDRAGON’s industrial business with sales abroad in excess of €4bn, Internationalisation and innovation, keys to the evolution of MONDRAGON cooperatives in 2013, Spanish white goods company Fagor seeks protection from creditors, Fagor et sa filiale française déposent le bilan, "Catalan company Cata buys bankrupt domestic appliance business Fagor", "Mondragon Corporation. In the collapse of Fagor, the relocation of employees to other companies belonging to Mondragon favored those who were worker-owners, which may affect labor relations:[26]. [9], During the next 20 years, from 1970 to 1990, the dynamic continued, with a strong increase in new co-operatives promoted by Caja Laboral's Business Division, the promotion of co-operative associations, the formation of local groups, and the founding of the Ikerlan Research Centre in 1974. Connect with him on Twitter: @KeaneBhatt. To donate by check, phone, bitcoin, or other method, see our More Ways to Give page. Caja Laboral had 114 branches and deposits totalling €383.56m (64bn pesetas), an increase over the year of €74.45m (12.4bn … Mondragon cooperatives operate in accordance with the Statement on the Co-operative Identity maintained by the International Co-operative Alliance. Get your team aligned with all the tools you need on one secure, reliable video platform. [3] Research and transfer. Our daily email newsletter will keep you up to date. Mondragon corporation worldwide; Partners institutions; Programs networks and projects; Mondragon international education (MIE) International cooperation; International days . corporation. The critical point from the perspective of our immediate concern is that it is time for activists and analysts who hope to build upon principles of cooperative worker ownership or joint cooperative-community ownership for larger-scale firms to get serious about the larger systemic planning issues involved. [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. [8], In the first 15 years many co-operatives were established, thanks to the autarky of the market and the awakening of the Spanish economy. Engineering technology. Nor was “changing the system” part and parcel of its primary mission. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. MONDRAGON: one year in two minutes Video report of 2010 year http://www.mondragon-corporation.com/ENG/Economic-Data/Yearly-Report.aspx [32], In construction, sales totaled €974 million in 2009. [41], This area has a dual focus: education-training and innovation, which have both been key elements in the development of the corporation. It also actively educates its workers about cooperatives’ principles, with around 3,000 people a year participating in its Cooperative Training program and 400 in its Leadership and Team Work program. This area includes the banking business of Laboral Kutxa, the insurance company Seguros Lagun Aro, and the Voluntary Social Welfare Body Lagun Aro, which had an asset fund totaling €5,566 million at the end of 2014. You can reach him on Facebook or follow him on Twitter. Participation. Mondragon University (officially in Basque: Mondragon Unibertsitatea, MU) is a non-profit cooperative private university in the Basque Country, officially established and recognised in 1997.It is part of Mondragon Corporation.Its main campus is in Mondragón, Gipuzkoa.. As of February 2016 it had about 4000 students pursuing 22 bachelor's degrees, 13 master's degrees and several advanced courses. It’s worker-owned, it’s not worker managed, although the management does come from the workforce often, but it’s in a market system and they still exploit workers in South America, and they do things that are harmful to the society as a whole and they have no choice. Mondragon University . Co-operatives bodies and terminology", "Mondragon: a for-profit organization that embodies Catholic social thought", What About Cooperatives as a Solution? Co-operative Culture", "Mondragon Corporation. [24], At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. The bank boasted a profit of 56.5 million euros in 2009, and despite its investments in Lehman Brothers, was therefore not greatly affected by the financial downturn. A good benchmark for costs on this – $2 trillion over 15 years for 25,000 kilometers of high-speed track – was put forward by Canadian analysts Richard Gilbert and Anthony Perl. Overall, in 2013 these 122 plants provided work for more than 11,000 people. From June 5th to June 7th. This is urgent: Time is running out to make your end-of-year donation to support independent journalism. not cooperative members) in other countries, however, is unclear. The Group consisted of 23,130 workers at the end of 1990. Time is running out to make your end-of-year tax-deductible donation for 2020. The question in the future is how might we utilize worker and community ownership more effectively and move beyond seeing the companies narrowly (like Fagor) operating in a capitalist sea and market system? In Navarro's view, this establishes a two-tier system - for example, in terms of whom to save in the case the company collapses. The data showed that even the smallest shift in population patterns requires dramatic changes in intra-city and inter-city transportation, both to absorb the anticipated increase in population and to achieve necessary reductions in carbon emissions. is a . [40] [31], In Industrial Components, Mondragon posted a turnover of €1.5 billion in 2009, a sector in which it operates as an integrated supplier for the leading car manufacturers, offering from the design and development of a part to the industrialization and supply of components and assemblies. It is the largest cooperative in the world.[4]. The Financial Group of Mondragon includes Caja Laboral (Working People’s Bank), a cooperative bank and a credit union at the center of the corporation. The most celebrated (and studied) case of a group of companies based wholly on co-operative principles is the Spanish Mondragon Cooperative Corporation. The details of any serious democratic “planning system” inevitably would change as greater sophistication and knowledge are developed – and as noted, in the above example, we looked only at one sector, rather than the larger system as a whole. [19], Mondragon co-operatives are united by a humanist concept of business, a philosophy of participation and solidarity, and a shared business culture. The Mondragón was known for its stopping power but suffered from high recoil and poor accuracy when their automatic variants were fired on fully automatic setting. Research and transfer. It is the fifth-largest manufacturer of such products in Europe. MC’s core values are: Co-operation, Participation, Social Responsibility and Innovation. Sign up and see the programme. Social Responsibility. [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. Although it has been criticized for violating its cooperative principles through somewhat “imperial” control of some of its foreign operations, for its use of non-cooperative labor, and for a less-than-active concern with environmental problems, in recent years Mondragón has begun to address deficiencies in these areas. In-service training for managers was strengthened by creating Otalora, dedicated to training, and the dissemination of co-operatives. 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