Defying the Crisis - The Spanish Collective Mondragón | Made in Germany

[@0Xcity]

Having worked in three corporate owned businesses and currently working for the Federal Government, this idea seems wonderful. Having seen how labor is dealt with on either end of the spectrum comes off alienating, including Democracy and having a common stake in the place, moral must be high in such a situation! From the few examples I've seen, the workers seem extremely enthusiastic about their plight in life!

[@marsCubed]

Also note that the managers are appointed by the workers and have to have been long time Mondragon coop members.. they are regular workers trained up by Mondragon colleges etc. ie, not 1% psychos buying up to make money.. Mondragon learned not to do that early on..

[@jackchorn]

no, no, no. The proper way to run a business is to have a few at the top and to pay the workers as little as possible and pinch everything to maximize profit at the expense of the product and the employee. If profits continue to drop then simply file bankruptcy and move your wealth you created from exploiting into another company and do the same there. This is how capitalism runs the best. You must keep a large portion of the society hungry and under employed to ensure cheap labor. This has the added bonus of being able to pay yourself thousands of times higher salary then the employee and keeps the employees dependent and unstable in their future so they will not question authority. This is how capitalism works. God bless

[@arminius6506]

You surely doesn't know anything about private property and market economy 😉

[@twostepz4982]

Yes, if that's what you want to go with the capitalism and short-term. This one is called ownership economy by separating itself from a poisonous capitalism/socialism oppressive system. That's why a lot of fiat banks and corrupt dictator governments are so bad. Which is why ownership economy does away with all that.

[@mltiago]

@@twostepz4982 but that corporation is was Marx advocated for.

[@alrizo1115]

@@twostepz4982 This is a form of Socialism.

[@ambermurray2496]

@@twostepz4982 this literally what socialism want worker owner ship of the means of production

[@alrizo1115]

The Next Economic System.

[@hannahnymous]

Agree!

[@moroccanguy1957]

I wish

[@rjung_ch]

The Mondragón collective are one of the best setups for individuals that are owners of their own faith, totally democratic, not at all the top down tyranny of regular companies where the CEO has all to say (sure, share holders push for more and more money). The people will win time and time again because it's their own company. Bravo!

[@buddy1187able]

No, the workers control who the managers are, it's a bottom-up system. A 5 minute video doesn't explain the details of the system.....

[@freydenker6335]

Where can I get a list of Mondragon coop- products? Please put up such a list ....for all who want to support this way of production!

[@dwnews]

I'm afraid we can't help you out with a list, but you can contact Mondragon. They also have a website in English: www.mondragon-corporation.com/eng/ /gu

[@TheTobs50]

drop the g at the end of .com/eng/, or go to the Spanish website and then click on English in the top right box

[@MiguelBricaBrac]

Orbea cycles is one company of theirs.

[@pebblepod30]

Ocean Spray is a huge co-operative

[@Irishandtired]

Classical economics at work.

[@Moneyaddthenmultiply]

We need more of them for accountability

[@rjung_ch]

Years ago a very smart man awakened me about this system, since then I'm enamored with the system and wish it were the prevalent system throughout the planet. The man I heard it from is Noam Chomsky.

[@tedcrilly46]

First impressions - prettay good.

[@fireskorpion396]

This is amazing 👍!!!

[@ryanpeterson7614]

The Caja loans it to them. It is usually paid off in 3yrs last time I read up on it.

[@Seantorky3]

where do the workers get the money to buy into the scheme?

[@alrizo1115]

No idea. Maybe if worker don't have the money to invest, he can pay installments? I think this is a more secure way to grow your money.

[@bt3743]

They have a couple options, they can pool together money from enough people to begin or take a loan from the government, not to mention a small amount of money can be taken out of each workers paycheque to be reinvested back into the buisness

[@Hythloday71]

The Myth of Mondragon: Cooperatives, Politics, and Working-Class Life in a Basque Town (1996), by Sharryn Kasmir, State University of New York Press.

[@brandinshaeffer8970]

JUDICIAL REVIEW FOR JULIAN ASSANGE lol this book is from the 90's. You have to reach 25 years back to find a critique? Hahahaaa. Well, Mondragon weathered the 2008 crash better than anyone else in Spain - a country where capitalism hit the hardest - and they are still thriving. Visit their university sometime where they will teach anyone who wants to learn about this system of economics.

[@pebblepod30]

Brandin is right

[@Zen-rw2fz]

Can you get fired for sharing communist ideas?

[@vuducanh2k5]

Nope, We're Distributist and Mutualist (Third Way) We are Capitalism (Free market Competition, Comsumerism) + Socialism (Workers owning the means of production )

[@enhancedutility266]

This is within the framework of communism to a certain extent

[@AveragepoliticsEnjoyer]

That's communism or socialism browski

[@ryanpeterson7614]

And did you actually read the book?

[@moroccanguy1957]

Why after 10 years there are only 55 comments ?

[@pebblepod30]

KZbin shadowbanning?

[@enhancedutility266]

Because co-ops are probably not very popular

[@vivalaleta]

with wealthy capitalists. I finished your sentence. ​@@enhancedutility266

[@harshitmadan6449]

How is it different from stock options?

[@brandinshaeffer8970]

Harshit Madan my mom was partially paid in stock at Southwest Airlines. Every quarter they must show growth, so eventually that means screwing workers. She was at the top of the hourly wage so they fired everyone in that bracket & rehired newbies at a lower wage. Having a little stock as an employee in a capitalist company doesn't give you a say in Dicky-mcGeezacks. In a worker co-op the workers hire management- & if that manager isn't performing to their expectations then they are demoted or moved somewhere else in the company. There are no power drunk single overlords whose boots u need to lick or else lose your job. Decisions are made collectively. The highest paid person can make no more than 8 times what the lowest paid worker makes. In capitalism the highest earner often makes 350 times more.

[@davidmutua4158]

Last time I checked, major stockholders of e.g S&P500 companies are not employees of those companies. In Mondragon, Employees are major stockholders. Difference is MAJOR owner, not just part owner It's different in this way; Overall, the %ge of profits going to pay labor wages has decreased. Mondragon is not part of that story.

[@pebblepod30]

Good answers. Selling stock options, even to workers are the opposite of Mondragon.

[@RamdomView]

My untrained eyes see that some tasks can be automated.

[@zes7215]

no such thing as ownx or not or luckyx about it, doesn't matter

[@alisiamondragon3013]

I just came here because “Mondragon” is my last name.

[@vivalaleta]

I hope you learned something anyway.

[@codybonus230]

So Everyone Makes $250,000 a year Asking for Freemarket America. Whats the tax rate? Thanks I could make that on my own as a poor chap by reading a few books here in America. Whats the benifits?

[@Rose_Harmonic]

Employees having control of the company and profits as opposed to a c-suite, board, and shareholders. Instead of that $250k number, think of everyone earning something like at least $70k and outcompeting a company whose workers make $50k.

[@GaryHField]

You have a similar company in America called Gravity Payments owned by CEO Dan Price. It's a worker's paradise. Everyone makes $70,000.

[@pebblepod30]

@@GaryHField But not run & owned by staff

[@pebblepod30]

Why do you want to work agaist your own economic interests? Or are you greedy & powerful? Instead of 1 owner person making heaps of money, and many making very low wages, this spreads it. Very motivating for Staff

[@vivalaleta]

​@@pebblepod30Well said.