The Mondragon Corporation: Employee Ownership as Strategy [47:42] (invidious.no-logs.com)

submitted 10 months ago by spaduf@slrpnk.net to c/workreform@lemmy.world

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cross-posted from: https://slrpnk.net/post/5020763

cross-posted from: https://kbin.social/m/opencourselectures@slrpnk.net/t/688578

Institution: Knauss School of Business University of San Diego
Lecturer: Fred Freundlich (professor at Mondragon University)
Subject: #modragon #coops
Year: 2014
Description: Mondragon is one of the leading international examples of cooperative ownership of enterprise and inter-firm collaboration. Mondragon has not only made these characteristics its foundational values, but it also uses them strategically, to complete around the world in advanced manufacturing, retail, finance and knowledge. This presentation introduces Mondragon, its special features and its particular international challenges.

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[-] Aremel@lemmy.world 10 points 10 months ago

I initially understood it as the company owning the employee and thought to myself "that sounds like slavery with extra steps", but I see now that they mean the the employees have stock in the company.

[-] dylanmorgan@slrpnk.net 12 points 10 months ago

Not “have stock in,” they are the only shareholders. This employees determine the destiny of the company and who their bosses are.

[-] spaduf@slrpnk.net 9 points 10 months ago

Don't mind me, just casually dropping pro-slavery content in work reform

[-] Aremel@lemmy.world 3 points 10 months ago

That's just how jaded I am. I thought you may be spreading awareness of such tomfoolery.

[-] testing@kbin.social 2 points 10 months ago

@spaduf mondragon is by far the biggest coop worldwide, and the company is not a classical coop, but rather resembles other big capitalist ventures

this post was submitted on 19 Dec 2023

44 points (95.8% liked)

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