This book about the Mondragon cooperatives in the Spanish Basque Country is a critical reflection on the origin and further development of one of the most highly-praised cooperative enterprises in the world. At a time when many people regard cooperative entrepreneurship as an ethically sound economic alternative to the traditional organization of companies and business, the author draws attention to the unavoidable impact of globalization which not only affects the workers' involvement and participation in cooperative enterprises but also their employment itself.