07421. THE MONDRAGON EXPERIMENT. Summary of the principles of cooperative management used at the mondragon group of worker-owned cooperative businesses in Spain, and essay on whether these principles have relevance in America. Finds that the principles of limiting income differences between workers and managers and strong self-discipline might work in groups that shared common goals, but would be difficult for most inidividualistic, self-seeking Americans. 6 pages, 4 footnotes, 1 bibliographic source.