The Viability of Cooperatives: The Fall of the Mondragon Cooperative Fagor

Anjel Errasti, Ignacio Bretos and Aitziber Nunez

Review of Radical Political Economics, 2017, vol. 49, issue 2, 181-197

Abstract: This article presents a case study of the rise and fall of the Mondragon cooperative Fagor Electrodomésticos (1959-2013). Fagor, after playing a key role in the creation of the Mondragon cooperative experience, had been transformed into a multinational corporation competing in the global home appliance market. Given Fagor’s role as a leading cooperative, the general question of the viability of workers’ cooperatives is also at stake in its failure.

Keywords: worker cooperatives; viability; degeneration; Mondragon; Fagor Electrodomésticos (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:49:y:2017:i:2:p:181-197

DOI: 10.1177/0486613416666533

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