Mondragon is the largest group of worker cooperatives in the world. With 92 cooperatives in the industrial, financial, retail, and educational sectors, the group earned €11 billion in revenue last year with more than 70,500 workers. Each of those cooperatives are owned and democratically run by their workers, who vote their leadership into office and share in the profits when their cooperatives do well. In fact, Mondragon works a lot like a federated nation-state made up of smaller city-states. Perhaps that’s why science fiction authors like Ursula Le Guin, Kim Stanley Robinson, and Cory Doctorow have all used the corporation as a model for the utopian nations in their books.
Could we eventually create a capitalist paradise where democratically run companies use their profits for the good of their worker citizens? Could that even replace our existing governments?
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