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There is similar thinking in "classical" American capatalism from Henry Ford's idea that his factory workers needed to make enough money to buy the cars they pr
by throwaway4good 5y ago
There is similar thinking in "classical" American capatalism from Henry Ford's idea that his factory workers needed to make enough money to buy the cars they produced to all sort of concrete projects for the broader society.
This is a story about housing built by the Ford motor company:
https://askus.thehenryford.org/faq/169797 https://askus.thehenryford.org/faq/169797
I am sure there are many other examples.
- 238475235243 5y agoIf you read a biography of Ford you'll find this story just isn't really true. He couldn't find workers and had to raise the wages, and in doing got a lot of PR by spinning it as being good for workers to buy cars.