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When looking at a person like old Henry it would also behoove anyone to do a more thorough study of his beliefs and behaviours rather than subscribe a moral code to the man that he demonstrably DID NOT HAVE!
A rabid anti semite who had a monthly paper published repeatedly extolling the evils of all Jews. A rabid racist. A rabid Marxist. A man not above being among a group of important people who thought Hitler was on the right track. A man who overlooked his Ford Werkes factories in Germany being staffed with "slave labour" from occupied countries in early war days. A man who thought FDR was working towards getting the U.S. involved in a war that wasn't America's business while those slave-staffed factories were turning profits.
He very reluctantly joined with the war effort only after it became clear no other course was practical for him. He then turned his efforts to ingratiating himself with the government to garner as many and profitable contracts as he could amass.
If he doubled wages for any other reason than self interest and reward, it would be very surprising indeed.
Yep; quite a guy.
What does this have to do with what Informedconsent said?
don't get what's wrong with paying people enough to actually use services and products that companies produce. Makes more sense than just putting that money into the hands of a few. It might actually serve to make companies more money instead of sitting on the trillions that American corporations are sitting on right now. They always give the explanation that if they invest in employment now, no one will buy their product. WTF?
don't get what's wrong with paying people enough to actually use services and products that companies produce.
What exactly does this statement mean? I would love a new Ferrari, does that mean my employer should pay me enough to buy one?
Quote:
Makes more sense than just putting that money into the hands of a few. It might actually serve to make companies more money instead of sitting on the trillions that American corporations are sitting on right now. They always give the explanation that if they invest in employment now, no one will buy their product. WTF?
So why aren't more complaining about the governments policies of putting the money into the hands of the few?
Executives are paying themselves big not because they worth that much, it is because they can. They have no competitions and they can pay whatever they want.
To fix this problem, all industries have to be deregulated. The income tax need to throw out and replace with a small consumption tax. If you say I don't want to pay a 20% or 30% sales tax, I agreed with you, the consumption should be single digits, like 4 to 5%. The corporate income tax needs to be 0 since corporation don't pay tax anyway.
It expounds on the OP's utter failure to apply critical thinking skills in regards to Henry Ford's actions. BruSan's brief expository is correct.
No...more like some people not having the ability to get the moral of a story. Instead of the idiotic nitpicking with numbers, I see some here are unable, either because they are willfully ignorant or just plain lacking in common sense, to understand why this article was given the title it was. No one stated that times haven't changed in many regards since Ford and his worker policies, but the idea is that workers are not being given a square deal. When you have legislators squawking over an increase in the minimum wage because businesses can just outsource and turn us into a third world country, then the system is broken.
Whomever cannot see the bigger picture as to why this is a timely story, is either bull ****ting or really thick headed. Take your pick.
When looking at a person like old Henry it would also behoove anyone to do a more thorough study of his beliefs and behaviours rather than subscribe a moral code to the man that he demonstrably DID NOT HAVE!
A rabid anti semite who had a monthly paper published repeatedly extolling the evils of all Jews. A rabid racist. A rabid Marxist. A man not above being among a group of important people who thought Hitler was on the right track. A man who overlooked his Ford Werkes factories in Germany being staffed with "slave labour" from occupied countries in early war days. A man who thought FDR was working towards getting the U.S. involved in a war that wasn't America's business while those slave-staffed factories were turning profits.
He very reluctantly joined with the war effort only after it became clear no other course was practical for him. He then turned his efforts to ingratiating himself with the government to garner as many and profitable contracts as he could amass.
If he doubled wages for any other reason than self interest and reward, it would be very surprising indeed.
Yep; quite a guy.
Yes, he was a POS in ways, but that is not the issue. By paying higher wages to his workers, it helped to strengthen the workers life and build a middle class, even if it was incidentally.
Yes, he was a POS in ways, but that is not the issue. By paying higher wages to his workers, it helped to strengthen the workers life and build a middle class, even if it was incidentally.
He sold the cheapest product around. Nobody was going to undercut him.
This is Capitalism, not the Oligarchy and Voodoo Trickle Down Economics that the right wing advocates for defends and desires to repeat.
And we should take your expert advise because you have such a stellar resume in the business field?
How many companies have you started and ran successfully?
Please provide your resume.
If you haven't done it, your advice isn't worth squat.
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