TIL many US companies in the late 1800s-1938 would pay their employees in company scrip, a currency issued by the employer and can only be used in company owned stores where they upcharged exorbita...

L4sBot@lemmy.world · 2 years ago

TIL many US companies in the late 1800s-1938 would pay their employees in company scrip, a currency issued by the employer and can only be used in company owned stores where they upcharged exorbita...

NessD@lemmy.world · 2 years ago

I was born one mornin’ when the sun didn’t shine I picked up my shovel and I walked to the mine I loaded 16 tons of number nine coal And the straw boss said, “Well, a-bless my soul”

You load 16 tons, what do you get? Another day older and deeper in debt St. Peter, don’t you call me 'cause I can’t go I owe my soul to the company store.

TIL many US companies in the late 1800s-1938 would pay their employees in company scrip, a currency issued by the employer and can only be used in company owned stores where they upcharged exorbita...

TIL many US companies in the late 1800s-1938 would pay their employees in company scrip, a currency issued by the employer and can only be used in company owned stores where they upcharged exorbita...

Company scrip - Wikipedia