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this post was submitted on 03 Mar 2024
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Interesting. Thanks for sharing, I had no idea. I only checked wiki, but I see that the company is still doing well and has continued to pay it's staff well through 2023 (wiki link).
There's a handful of ethical companies and does not trade as public or private entity, so they're not beholden to shareholders, but we wouldn't hear about them often. Mondragon is a successful co-operative and worker federation company in Spain.