In the face of the global financial crisis that has Spain’s unemployment level standing currently at some 22 per cent, the Mondragón co-operatives offer an astonishingly successful alternative to the way we organise business and economies.

Revisiting recently for the fifth time, since the early nineteen-eighties, the great complex of worker-owned manufacturing, retail, agricultural, civil engineering and service cooperatives centred on Mondragón in the Basque region of Spain, it was impossible not to be impressed by the resilience that has enabled them to take their share of economic hits and emerge largely unscathed. read more »