Mondragon: An Economic Analysis

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9780043340066: Mondragon: An Economic Analysis

The group of cooperatives centered on Mondragon in Spain's Basque Provinces has achieved wide-ranging success and world-wide fame. This book summarises its history and organisation, and makes an in-depth analysis of its economic aspects, including employment creation and manpower planning, the raising of financial resources and planning of investments, problems of earnings differentials, and the incentives that can be derived from worker-ownership. In particular, the authors examine the operation of the self-management system and Mondragon's production efficiency.

The book extends far beyond the narrow confines of 'cooperative territory', however, and places these phenomena in the context of a completely new system of industrial and labour relations. The book's findings are of direct significance to practitioners and policymakers who search for participatory forms of work organisation which entail neither the nationalisation of industries, nor the continuation of traditional patterns of capitalism.

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