A talk by Gus diZerega.
At a time when unemployment is at 24-5% in Spain, the 80,000 worker-owners of the Mondragon Co-operatives have an unemployment rate of 0%. At a time when American CEOs’ income rises as much as 400 to 500 times the income of average workers at their companies, Mondragon’s managers-owners make 6 times what the lowest. paid worker-owners make. At a time when the middle class is disappearing in the US and some
studies say income inequality here is akin to that of Czarist Russia, the Mondragon region of Spain lacks slums or gated communities. It is middle class. What does all this mean and what can it teach us?