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ASneakyFox | 11 years ago
I sense it'll end up being a sweatshop farm and the "employees" will be paid so little that they won't be able to leave.
The us used to allow small towns like this. Employees would get paid in company minted currency. Then they'd only be able to shop at stores and restaurants owned by the company. This sort of thing is of course illegal now.
praxeologist|11 years ago
huxley|11 years ago
http://en.wikipedia.org/wiki/Company_scrip
Scrip was theoretically exchangeable for cash, but because these company towns tended to be hard currency poor, you'd never get anything close to face value, so you spent it in the stores provided by the company.
Both the wages and prices were set by the company so the worker had little choice but to accept it or find their way back to more populated areas and likely unemployment.
lotsofmangos|11 years ago
davidw|11 years ago
yardie|11 years ago