Earlier quoted context omitted.
The merit of his characters does not mean that his advices are automatically ineffective and immoral.
Sure, but Fordlandia, his inability to read, and his belief in such absurdity as "The protocols of the elders of zion" speak volumes as to the man's mental state. Which at best is mildly insane.
Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
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Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#12But it is the influence of leisure on consumption which makes the short week so necessary. The people who consume the bulk of goods are the people who make them. That is a fact we must never forget -- that is the secret of our prosperity. That is pretty evil mastermind... he's thinking on a whole other level.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#13Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#14But it is the influence of leisure on consumption which makes the short week so necessary. The people who consume the bulk of goods are the people who make them. That is a fact we must never forget -- that is the secret of our prosperity. That is pretty evil mastermind... he's thinking on a whole other level.
I love the "chess"-like planning ahead here, but it seems as though unless Ford was selling a huge fraction of the discretionary purchases in the country, it would be hard to finance this... If you spend $100 to give your workers 2 extra hours of leisure a week, maybe only $5 or $10 would be spent on Ford cars and the rest would be spent on other stuff...
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#15Earlier quoted context omitted.
Sure, but Fordlandia, his inability to read, and his belief in such absurdity as "The protocols of the elders of zion" speak volumes as to the man's mental state. Which at best is mildly insane.
He also created modern American industry. Try to evaluate his output at a finer grain than the entire individual over his entire lifetime.
"I regard Henry Ford as my inspiration" - Adolf Hitler Ref: http://www.washingtonpost.com/wp-srv/national/daily/nov98/na...
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#16Uhm, Henry Ford was known for violently suppressing unions in his factories. He considered unions to be closely tied to "Jewish Zionist" ambitions. He was also a heavy monetary supporter of Adolf Hitler. In fact, he refused to give back awards he received from the Third Reicht, and was in fact buried with them. Oh, and he was illiterate. So word of advice... don't take advice from Henry Ford.
I think highly dyslexic is a better description than illiterate for Henry Ford, he was a genius.
Pioneered material science, machining and forming metal cost effectively, made the assembly line, 161 patents, created enormous opportunity for hard working and smart people, brought cars to the masses.
His political feelings should be put in context, he had a great relationship with Germany before the war, FDR was massively increasing the size of gov't and creating entitlements with the New Deal (something few business pioneers would be for) and during the war, there was talk of FDR taking over the company he built to produce war goods for a foreign war he opposed intervening in.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#17Earlier quoted context omitted.
I love the "chess"-like planning ahead here, but it seems as though unless Ford was selling a huge fraction of the discretionary purchases in the country, it would be hard to finance this... If you spend $100 to give your workers 2 extra hours of leisure a week, maybe only $5 or $10 would be spent on Ford cars and the rest would be spent on other stuff...
He ran a "company town" - had stores, sold them lumber to build houses etc. Most of the money came right back to him.
EDIT: I should have clicked more. Pullman: http://en.wikipedia.org/wiki/Company_town
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#18Earlier quoted context omitted.
I love the "chess"-like planning ahead here, but it seems as though unless Ford was selling a huge fraction of the discretionary purchases in the country, it would be hard to finance this... If you spend $100 to give your workers 2 extra hours of leisure a week, maybe only $5 or $10 would be spent on Ford cars and the rest would be spent on other stuff...
He ran a "company town" - had stores, sold them lumber to build houses etc. Most of the money came right back to him.
This, to me, suggest the uncompetitiveness of company towns.