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Economic Sustainability: Mondragón and Local Cooperatives
Cooperatives are an economic hybrid that transcends capitalism and socialism but embodies qualities of both systems. Successful cooperatives are grounded in business acumen and entrepreneurship, but include a respectful and egalitarian culture that values people before profit. The Mondragón Cooperatives in Spain, the world's largest consortium of worker-owned businesses, is the best example of how cooperatives can succeed on a larger scale while maintaining an empathic, socially just, and environmentally sustainable culture.