3 ms·
Mondragon Corporation is the poster child for worker-owned cooperatives and has been both successful and robust for decades. I believe it was Ford and GM, no do
by brnaftr361 3y ago
Mondragon Corporation is the poster child for worker-owned cooperatives and has been both successful and robust for decades. I believe it was Ford and GM, no doubt others, were studying their model at some point. But convincing stakeholders - including lenders - to divest interest in a company after a set period is, from my understanding, why the model has such a hard time in the US.