There is a popular meme that runs throughout American pop culture, one that I heard in my AP history course during high school. The teacher recounted that when Henry Ford doubled his workers’ wages, his reasoning was that “then they would be able to buy more products and he would be richer.” While this is about the most inane version of this meme, other ones still arise. That “he wanted his workers to be able to afford the cars they make” seems to be the more popular version. This sentiment seems to have been popularized by Ida Tarbell, the muckraking journalist popularly known for her attacks on Standard Oil. Not quite the fountain of objectivity.
I was unable to track down any quote by Ford on this matter, but even if he did make such statement, one has to remember that popular perception might make him choose his words…
View original post 275 more words
Utopia, you are standing in it! 
Recent Comments