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It is not clear cut with the Ford story, Ford treated his workers nicely and then he got that chap in to treat them nastily. Ford wanted to produce just the Mo
by Theodores 8y ago
It is not clear cut with the Ford story, Ford treated his workers nicely and then he got that chap in to treat them nastily.
Ford wanted to produce just the Model T and keep it at that, his competitors wanted to go with the built in obsolescence model, get the customers buying new cars every year. Ford also wasn't into creating profit for the sake of investors, he wanted to keep all the money in the company. He didn't 'get' American capitalism, but he did want to enable people to be mobile and to build a wider economy based on that.
Despite the contradictions of Ford he did prove that 'trickle down economics' was a load of rubbish and that it was far better to pay a decent wage, for the workers, for wider society and his own self-interest.