Popular myth. Ford paid his workers that amount to outcompete competitors, not because he was in the game of charity. It's the same with Bezos, hence why Amazon

Popular myth. Ford paid his workers that amount to outcompete competitors, not because he was in the game of charity. It's the same with Bezos, hence why Amazon lobbies for a federal $15 minimum. Many businesses will be outcompeted by Amazon with a law like that. https://www.nytimes.com/2006/04/05/business/the-economics-of-henry-ford-may-be-passe.html https://www.nytimes.com/2006/04/05/business/the-economics-of...