• SatansMaggotyCumFart@lemmy.world
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    17 days ago

    Companies with company town usually paid their employees with a company issued money that was only good at the company stores.

    They usually sold with inflated prices.

    This isn’t pure capitalism.

    • Prunebutt
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      17 days ago

      What makes you think unregulated capitalism won’t result in these monopolies?

      And the Sturlungs?

      • SatansMaggotyCumFart@lemmy.world
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        17 days ago

        I read the article and it didn’t really explain how a forty-four year period in Iceland in 1220 has anything to do with this conversation.

        • Prunebutt
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          17 days ago

          It was the medieval equivalent of anarcho-capitalism.