The Company Town

Company town: The very phrase sounds un-American. Yet company towns are the essence of America. Hershey bars, Corning glassware, Kohler bathroom fixtures, Maytag washers, Spam—each is the signature product of a company town in which one business, for better or worse, exercises a grip over the population. In The Company Town, Hardy Green, who has covered American business for over a decade, offers a compelling analysis of the emergence of these communities and their role in shaping the American economy, beginning in the country’s earliest years. From the textile mills of Lowell, Massachusetts, to the R&D labs of Corning, New York; from the coal mines of Ludlow, Colorado, to corporate campuses of today’s major tech companies: America has been uniquely open to the development of the single-company community. But rather than adhering to a uniform blueprint, American company towns represent two very different strands of capitalism. One is socially...