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Frequently, Mondragon within the Spanish Basque area – broadly thought of the most successful worker-owned cooperative enterprise on the earth – is mentioned as a model. Started in the 1950s as a Catholic Action project, at present, the Mondragon group includes 257 financial, industrial, retail, and analysis and improvement issues, using roughly 74,000 individuals. The coops usually are not unionized, they usually have no outdoors stockholders. Instead, every employee or supervisor invests as a member within the firm, and has one vote in its basic assembly.
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