Good old Henry Ford
Still awfully cold here in NW Ohio. But the sun is shining. It’s a good day to sit around and think.
For some reason I started thinking about Henry Ford. Farm boy with Irish roots. Pioneer industrialist. Builder of some of the largest manufacturing complexes ever conceived. Inventor, philanthropist, the list goes on and on.
But the thing I remember most about Henry Ford is that he paid his workers more than his competitors paid theirs, more than just “a living wage”. Henry Ford was, above all else, a “long term” thinker. He realized that well paid workers could be a huge, hitherto untapped, customer base. Get a job at Ford Motor Company. Buy a Model T. A new middle class was born and America was “off to the races.”
Sometimes I wonder if anyone in American business or government still thinks that way?