In post-civil war Spain’s Basque country, a group of young, working class graduates with few job prospects founded a small co-operative to build paraffin stoves. They then began to set up other co-operative business ventures. When they needed capital for expansion, they started their own co-operative bank. These young people had been taught the ways […]

MONDRAGON Corporation is the embodiment of the co-operative movement that began in 1956; its business philosophy is contained in its Corporate Values: Co-operation, participation, Social Responsibility, Innovation. Mondragon’s Mission combines the core goals of a business organisation competing on international markets with the use of democratic methods in its business organisation, the creation of jobs, […]