3 ms·
In the past there was a fairly common practice to create a monopoly by outlawing people from importing food to a local economy. People may recognize the concept
by belorn 2y ago
In the past there was a fairly common practice to create a monopoly by outlawing people from importing food to a local economy. People may recognize the concept of mining towns, company stores, or its role in debt slavery.
The practice back in those days were to advertise inflated wages for a job in remote areas. People then traveled there, only to find out that food and living costs, all under the control of the company, were also inflated to the point where even a full working day would results in debt when subtracting food and living costs. People who tried to flee was prevented from doing so under the argument that they tried to escape acquired debt. The fines for smuggling food was also extreme, since food costs was the primary way that the companies held control over their debt slaves.
This practice was so vile that many countries created laws directly targeting it, including changes to inheritance so that debt would not follow from parent to child.
- WalterBright 2y ago> outlawing people from importing food I.e. the government is doing it.
- belorn 2y agoNo, this was companies doing it. They controlled ports, rail and roads (or what ever roads that may exist in remote areas), and controlling in-going supplies was a matter of policy and enforcement. Mining and railway companies where once very large and powerful, similar to some trading companies in the past.
- ryandrake 2y agoIn systems such as our own, where government power has been essentially captured by corporate lobbying, there is little difference between "government is doing it" and "companies are doing it."
- WalterBright 2y ago"outlawing" means a law, and the law is done by government.