Libertarians in this thread: do you agree that the libertarian position (on property rights and other issues) would not only allow the creation of company towns, but would be opposed to limiting the freedom of the company/landowner to administer them as they see fit?
For those of you who aren't familiar with the term: I'm talking about a place where a company buys up all the land (typically next to the company's mine or other remote resource), builds housing that it rents to its workers, operates shops where the workers and their families can buy goods and services, and either owns or donates the land for local schools and other institutions.
Typically, workers are evicted if they lose their jobs, and the stores in town run an effective monopoly because of the distance to any competition. Often, workers are required by their employment contract to live in the company town.
The town has no elected town council; since the company owns the whole town, it administers the town as it sees fit, taking or leaving resident input as it chooses.
For some examples of real-world company towns:
Company town - Wikipedia
By my reading of the platforms of various libertarian organizations, it seems to me that the standard libertarian position would be "yes, the company should be free to do this, and any residents who don't like this arrangement should just find somewhere else to live and work." Do you folks agree?
Bonus question: if you lived in a company town like this, would you feel free?