Paystub from a US coal miner in 1942. Ends up owing his employer $1.84 ($35.76 in 2023) at the end of the pay period.
Paystub from a US coal miner in 1942. Ends up owing his employer $1.84 ($35.76 in 2023) at the end of the pay period.
What do we call this? Early stage capitalism? What the Western world is on track to return to? Forshadow capitalism?
This is when miners were paid in company currency and lived in company houses and shopped at a company store.
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If you've never seen Deadwood, it's a rather interesting portrayal of the efforts to keep Deadwood from becoming a company town (among other things).
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