The Mondragon Corporation and its Member Company Soraluce: Accomplishments and Challenges of Broad, Networked Employee Ownership Over Six Decades

1. Freundlich, Frederick ¹
2. Lezeta, Ruiz de Alegría, Ion ¹
3. Loyola, Aitzol ¹
4. Legarra, Maite ¹

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DOI: 10.31391/JDTD1733.9 GOOGLE SCHOLAR lock_openOpen access editor

Abstract

This chapter examines an important employee ownership experience outside the Americas, but one that could usefully inform experiences in the Americas. It presents a summary of the Mondragon Corporation, its history, current structure, and ongoing challenges and dilemmas, as well as an introduction to one of its member companies, Soraluce, a worker cooperative in the machine tool sector. We review Soraluce’s business trajectory, organizational changes, recent educational efforts directed at fortifying both the business and its shared ownership identity, along with preliminary empirical data on the outcomes of these efforts