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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

#11
post #8
post #7

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.

He also created modern American industry. Try to evaluate his output at a finer grain than the entire individual over his entire lifetime.

Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay

#12
post #5

But 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

#14
post #12
post #5

But 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...

He ran a "company town" - had stores, sold them lumber to build houses etc. Most of the money came right back to him.

Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay

#15
post #11
post #8

Earlier 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 gotta godwin this, I just can't resist it. Sorry.

"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

#16
post #6

Uhm, 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.

You should read his autobiography "My Life, and My Work" http://www.gutenberg.org/etext/7213 Its fascinating.

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

#17
post #12

Earlier 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.

Was he the first to do that? I read a book about Frick & Carnegie and was shocked to learn Frick had company housing and stores for the workers of Carnegie's steel empire. I wonder where this idea came from? Not even wikipedia has its origins: http://en.wikipedia.org/wiki/Company_store

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

#18
post #12

Earlier 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.

For some reason(Correct me if I am wrong), the company town business model seem to have completely disappear.

This, to me, suggest the uncompetitiveness of company towns.

Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay

#20
As with many people, Henry Ford had both his good points and his bad points. Some may feel his sins outweighed his good deeds, but Ford did do a lot of good as well. One needs to take care to not reduce people to a two dimensional caricature. To do so may cause you to dismiss the good and fail to learn valuable lessons.
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