This is fundamentally the pursuit of the private sector: to create its own state (or series of mini-states) in all but name, but without even the pretence of democracy or other pesky means for the people to have any input or say.
Working Class HistoryDid you know that in the US at the beginning of the last century, many miners weren't paid in cash? Instead, they were paid in company scrip – tokens which were only redeemable in stores owned by the company. Learn all about it in this book: shop.workingclasshistory.com/products/scr...