SOC101Y1 Lecture Notes - Social Inequality, Social Stratification, Investment
Document Summary
Mondragon experiment: norther spain, difficult to reach, grown from village into one of the most important industrial center in spain. Good salary, worker owns a share of the capital. Many industries involved in this type of production. Hopeless struggle hozomolia rejected the view of karl marx. Saw a way to a social justice: mondragon a village. H started school and believed in education, and people able to govern themselves. 5 young mean started the factory and received sponsorship from 100+ people and backed by hozomolia. Candle, tea and fuel and sell reasonable price to member. Profit would be divided equally between capital and worker. Once a year general assembly elect the board directors. No one paid extra fees for being in the board. In accordance with the rochdelt----each member in joining need to pay: remain as his share. Highest pay never got more than three times the lowest. 70% profit and member, 20% reserve 10% community.
