Tuesday, January 28, 2014

Henry Ford paid a minimum wage of $15/hour in today's equivalent

See Michael Moore's article using facts again and quoting Ford on why he was paying twice the minimum wage for his workers. Ford has a message for today's greedy bastards:

"The owner, the employees, and the buying public are all one and the same, and unless an industry can so manage itself as to keep wages high and prices low it destroys itself, for otherwise it limits the number of its customers. One’s own employees ought to be one’s own best customers."

And Ford was wealthy. I guess today's rich just aren't rich enough? And to get there requires slave labor?

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