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Upstream

Documentary #8: Worker Cooperatives Pt. 2 – Islands within a Sea of Capitalism (Documentary)

Jun 12, 2018
58:00
Snipd AI
Explore the Mondragon Cooperative Corporation in Spain and its success in combating inequality. Learn about the challenges faced by cooperatives in the face of globalization and capitalist pressures. Discover the need for cooperatives to be part of broader political movements to challenge capitalism. Hear about Cooperation Jackson's vision of empowering the Black working class and transforming the political economy of Jackson, Mississippi.
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Quick takeaways

  • The Mondragon Cooperative Corporation in the Basque region of Spain demonstrates an alternate economic system based on cooperative values, democratic decision-making, and prioritizing people and planet over profit.
  • Cooperation Jackson in Jackson, Mississippi aims to empower the black working class and address historical inequalities by placing ownership and control of the means of production in the hands of community members, inspired by the Mondragon model.

Deep dives

Mondragon Cooperative Corporation: A Beacon of Economic Democracy

The Mondragon Cooperative Corporation, located in the Basque region of northern Spain, is a federated ecosystem of worker cooperatives that demonstrates an alternative to traditional capitalist economic systems. Mondragon is known for its emphasis on ownership, dismantling hierarchies, prioritizing cooperation and generosity, and putting people and planet before profit. The Basque region has one of the lowest unemployment rates, lowest income inequality rates, and one of the highest incomes per capita in Spain. Mondragon's success is attributed to its network of worker cooperatives, which provide equal opportunities, democratic decision-making, and better working conditions compared to traditional capitalist firms. The cooperatives within Mondragon operate democratically, holding general assembly meetings where decisions are made collectively, and electing a general council to make larger decisions. However, as Mondragon has faced challenges in adapting to global capitalism, such as hiring temporary contract workers and opening non-cooperative subsidiaries abroad, the future of the cooperative model is being questioned. Despite these challenges, Mondragon remains an inspiration for the cooperative movement worldwide.

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