The Mondragón Alternative

Roger D. Johnson

Chapter Chapter 11 in Rediscovering Social Economics, 2017, pp 145-152 from Palgrave Macmillan

Abstract: Abstract There are numerous apparently viable but obscure alternatives to the profit-maximizing firm that focus on alternative strategies such as profit satisficing or creating sustainable employment. Among the most successful of these has been a group of worker owned and managed firms called the Mondragón Cooperatives. The success of such ventures hinges upon maintaining a common set of values and developing appropriate institutional structures that deal with issues of distributive justice and internal hierarchies.

Keywords: Stock Option; Catholic Social Teaching; Modern Corporation; Employee Stock Option; Employee Ownership (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pfschp:978-3-319-51265-5_11

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DOI: 10.1007/978-3-319-51265-5_11

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