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Nov 8, 2013
There was a time when companies didn't pay its employees cash, but instead a voucher to buy their goods and necessities that a store the company owned would offer. Most, if not all employees weren't given enough voucher credits to afford all they needed so they would ring up debt for the difference and would then have to pay it back by continuing to work. It kept the companies owning them for life because they could never really work it off, not to mention they had no money to buy things like homes, cars, etc. It was a terrible system. Now the banks do the same in many ways as others have mentioned here.