2 ms·
Yes, and plenty of people quit the mines in company towns, and went to work in the big city. Considerable practical buyer or worker choice may exist, in an eme
by retrac 3y ago
Yes, and plenty of people quit the mines in company towns, and went to work in the big city. Considerable practical buyer or worker choice may exist, in an emerging monopolistic situation. Monopoly concerns aren't always the evil villain literally destroying all competitors, a single really large company can just be so big it distorts the market everywhere it turns. For an example on the consumer side, think Microsoft in the 1990s and early 2000s. In hindsight, obviously some monopoly concerns, even though there was niche and viable competition, in every sector they competed in.
- ghaff 3y agoMicrosoft clearly had monopoly issues. I'm not sure they were from an employee perspective though. I don't remember Microsoft being viewed as a uniquely attractive employer in that period.