On Oct. 27, the United Steelworkers announced an agreement
<http://assets.usw.org/Releases/agree_usw_mondragon.pdf>with
Mondragon International to move toward establishment of manufacturing
cooperatives in the United States and Canada.
Maybe this agreement represents a symbolic gesture that will not generate
any significant economic benefits. Maybe it represents a step in the
evolution of a new institutional form for the modern manufacturing firm.