4 ms·

Yes, Henry Ford also was one of the big business man in history, that realized that also his well-being was depending of the well-being of his workers. But sinc

Yes, Henry Ford also was one of the big business man in history, that realized that also his well-being was depending of the well-being of his workers. But since that time, the shareholder value has taken over the government. (Edit: Tried to correct my bad English, sorry!)

danielweber 12y ago
that realized that also his well-being was depending of the well-being of his workers Ford was incredibly nosy into workers' lives. If you wanted the infamous "five dollars a day," you had to let management make sure you were living decently at home, including the wife staying at home if she had a husband. But since this time, the shareholder value has taken over the government. I'm not quite sure, but I think this is saying that Ford got taken over by the government following bankruptcy. But Ford (unlike GM and Chrysler) did not go bankrupt.
- dmoy 12y ago
  I interpreted that as corporate governance, not US government.
  - deleted 12y ago
    [deleted]
    - whatusername 12y ago
      Maybe "Zeitgeist" would be a reasonable fit?
- robkix 12y ago
  In this case "the government" refers to the upper management of Ford, or at least that's how I read your parents post. To reword: > But since this time, the shareholder value has taken over the government. But since that time, Ford management only cares about maximizing shareholder value.
  - deleted 12y ago
    [deleted]
- asgard1024 12y ago
  > Ford was incredibly nosy into workers' lives. Not sure about Ford, but it's the same thing with Tomas Bata, famous Czech shoemaking enterpreneur and contemporary of Ford. He is also still lauded as a progressive by some, and he was for his era (he built homes for his workers, paid them well, etc.); however, judging from the today's moral standards, we would consider him very elitist and also nosy. For instance, he put part of employee's savings into his own bank.
- deleted 12y ago
  [deleted]
- mullingitover 12y ago
  > If you wanted the infamous "five dollars a day," you had to let management make sure you were living decently at home, including the wife staying at home if she had a husband. This is something I'd happily put up with if I could find this mythical job that pays well enough to support a family on a single income.
  - lotharbot 12y ago
    The median income for an individual with a Bachelor's Degree was around $49,000 per year (2003 census data). That's enough to support a family -- maybe not in your favorite high-cost-of-living city, and maybe not with a lot of expensive hobbies, but it's perfectly doable.

danielweber 12y ago

that realized that also his well-being was depending of the well-being of his workers Ford was incredibly nosy into workers' lives. If you wanted the infamous "five dollars a day," you had to let management make sure you were living decently at home, including the wife staying at home if she had a husband. But since this time, the shareholder value has taken over the government. I'm not quite sure, but I think this is saying that Ford got taken over by the government following bankruptcy. But Ford (unlike GM and Chrysler) did not go bankrupt.

dmoy 12y ago
I interpreted that as corporate governance, not US government.
- deleted 12y ago
  [deleted]
  - whatusername 12y ago
    Maybe "Zeitgeist" would be a reasonable fit?
robkix 12y ago
In this case "the government" refers to the upper management of Ford, or at least that's how I read your parents post. To reword: > But since this time, the shareholder value has taken over the government. But since that time, Ford management only cares about maximizing shareholder value.
- deleted 12y ago
  [deleted]
asgard1024 12y ago
> Ford was incredibly nosy into workers' lives. Not sure about Ford, but it's the same thing with Tomas Bata, famous Czech shoemaking enterpreneur and contemporary of Ford. He is also still lauded as a progressive by some, and he was for his era (he built homes for his workers, paid them well, etc.); however, judging from the today's moral standards, we would consider him very elitist and also nosy. For instance, he put part of employee's savings into his own bank.
deleted 12y ago
[deleted]
mullingitover 12y ago
> If you wanted the infamous "five dollars a day," you had to let management make sure you were living decently at home, including the wife staying at home if she had a husband. This is something I'd happily put up with if I could find this mythical job that pays well enough to support a family on a single income.
- lotharbot 12y ago
  The median income for an individual with a Bachelor's Degree was around $49,000 per year (2003 census data). That's enough to support a family -- maybe not in your favorite high-cost-of-living city, and maybe not with a lot of expensive hobbies, but it's perfectly doable.