worker ownership

Lessons from Basque Country

 

In the 1950s Father José María Arizmendiarrieta, the village priest of Mondragón in the Basque region of Spain, inspired the development of a series of cooperatively owned industries to employ youth in his parish.  His vision was that, through ownership by the workers, the wealth created by new industries would be distributed to the workers and to the larger community that nourished and supported them.

 

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