S7 E12: Reimagined Economies
Scene on Radio
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Mondragon Corporation's Solidarity System
- The Mondragon Corporation supports its member cooperatives by pooling a portion of their profits.
- This system ensures that struggling cooperatives receive financial assistance from more successful ones, fostering a sense of solidarity.
- This 'pooling of results' has been practiced since 1965 and contributes to the overall stability and resilience of the Mondragon network.
- The Corporation also holds the network together and provides additional layers of security for the workers.
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Transcript
