-- [ From: Greg MacLeod * EMC.Ver #2.5.02 ] -- ear X; Attached is a flyer on my new book about Mondragon. I thought that you might be interested, MONDRAGON TO AMERICA Experiments in Community Economic Development by Greg MacLeod For those seeking new approaches to local economic development and job- creation, Mondragon offers one of the most exciting models of this century. Begun in 1956, the Mondragon Cooperative Corporation in Spain is owned by 30 ,000 employees with its own bank, university, 109 factories, and food retail chain. The total assets are over $13 billion and annual sales over $6 billion. ON THE OCCASION OF ITS 50TH ANNIVERSARY IN 1995, THE UNITED NATIONS CHOSE MONDRAGON AS ONE OF THE FIFTY BEST SOCIAL ECONOMIC PROJECTS IN THE WORLD. Greg MacLeod has been a Canadian leader in local economic development for over 25 years. He explains not only the nuts and bolts of the Mondragon system, but he outlines the theory and ideas used by the founder, Don Jose Maria, to build a new kind of business corporation that combines capitalistic tools with social and communitarian ideals. While this is a highly idealistic industrial complex dedicated to local development, not one of the Mondragon enterprises has gone bankrupt. It is the third largest supplier of automotive components in Europe and has been named by General Motors as the "European Corporation of the Year". It is the third largest distributor of food in Spain and has 333 travel agency branches. MacLeod claims that this is empirical evidence that it is possible to organize a business corporation for community development and still be extremely successful in terms of the bottom line. While holding Mondragon up as a model, MacLeod discusses other successful development projects in Valencia, Spain, and then in Canada and Mexico. The book, at $24.95 Canadian may be ordered from : UCCB Press PO Box 5300 Sydney, N.S. Canada, B1P 1A2 -- Greg MacLeod University College of Cape Breton P.O. Box 5300 Sydney, N.S.- B1P 6L2 CANADA FAX 902-567-0153 Univ. tel 902-539-5300 Res. 902-562-2420 E-MAIL [EMAIL PROTECTED]