Great Stirrup Cay in the Bahamas is a private island owned largely by the Norwegian Cruise Line family of companies. This is not as glamorous as it sounds.
Let me explain. Back in the day in Appalachia, there were things called “Company Towns.” A very nearby version of one of these towns is called Alcoa, Tennessee (named after the Aluminum Company of America—Alcoa). These towns were completely owned by one company and often paid local workers in what was referred to as “Scrip”—or currency only redeemable in company town businesses. Continue reading

