Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
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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
#2This sort of thinking drove government policy at the start of the Great Depression. President Hoover tried to maintain high wage rates seeing them as the cause of prosperity and not the effect of greater productivity. Henry Ford was probably the most influential person in this camp but most of American business at the time was on board with it as well.
Murray Rothbard's "America's Great Depression" has probably the best analysis of Hoover's proto "New Deal" policies. It's very enlightening if you were taught as I was that Hoover did nothing while the depression ravaged the nation.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#3[deleted]
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#4Courts ruled that Ford had to engage in extremely narrow profit-seeking behavior:
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#5But 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
#6Uhm, 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.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#7Uhm, 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.
The merit of his characters does not mean that his advices are automatically ineffective and immoral.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#8Uhm, 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.
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.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#9Also, look at the business policies and employment benefits first introduced by the Guinness brewery when they were founded. If you want to see how to establish a universally unbeatable brand identity they have a how to guide for the ages.
Re: Henry Ford: Why I Favor Five Days' Work With Six Days' Pay
#10cool, now get back to your 90hr a week startup...