Posts Tagged ‘ CSR ’

Mondragon Corporation

January 31, 2013

While technically a corporation, Mondragon is actually federation of worker cooperatives operating mainly in the Basque country. Quite different from the typical capitalist corporation, it is one of the most promising developments in area of business management. It was founded in 1956 by a progressive Catholic priest named José María Arizmendiarrieta, who had a mission to spread a form of humanist teaching emphasizing solidarity and participation. From the outset, the purpose of Mondragon was not simply to earn profits, but to provide employment and other social benefits to the local community. It is now the largest business group in the Basque…

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