Could a catholic priest fix capitalism? With Ander Exteberia from Mondragon

Could a catholic priest fix capitalism? ? His name was José María Arizmendiarrieta, and in 1956 he started what is now the world's largest Co-op, the legendary and almost mysterious industrial company the Mondragon. Touted by many as the answer to a fairer and inclusive capitalism. Can this highly profitable business, which is owned by its workers be copied in other places or can it only be applied in the cultural context of the Spanish Basque region where the Mondragon is from? Get ready to reimagine business.

Ander Exteberia is Mondragons ``professional explainer”. Mondragon hosts about 3000 visitors every year. These visitors want to learn and experience what makes the Mondragon model work. Therefore, Ander's work is to explain Mondragon to outsiders. Usually, he talks to The New Yorker, CNN, BBC, The New York Times and now even The Reimagine podcast.

Learning points: 

•You will hear about the foundations which the world's largest and most successful co-op; Mondragon, is based on.

•How Mondragon became resilient and built thriving communities through fair distribution of wages and democratic decision making. 

•You will also learn that Mondragon is not about activism but pragmatism. So in order to defend their model, they need to stay highly profitable.  

Reimagine is a podcast with host Babak Behrad, brought to you by Society Lab.