If only we had invented and built some sort of alternative mode of collective transportation. Maybe it could be in tunnels and ride on metallic rails. It would serve many people and make periodic stops to the same locations instead of the highway clusterf- we have today. Sad that we don’t, but a man can dream though. A man can dream.
Do you know what Henry Ford himself did?
Increased the wages so his own workers would buy his cars…
Henry Ford was a capitalist, racist, eugenicist asshole, but he had one thing the current capitalist, racist, eugencist assholes in power today don’t: long term economic planning.
It’s literally just supply side economics. If you have the power to increase the buying power of your customers, your customers can and will spend more money. Also more free time means people will want to spend more money on things to do and things to own, meanwhile if they’re stuck spending 60-80 hours a week purely focused on work they’ll be too tired to want anything other than food in their belly and a bed to sleep in
And gave them more time off to use them. He wasn’t any humanitarian paragon, just a good capitalist.
A capitalist with a longer time horizon than next quarter
Right, a capitalist. What we have now is something else, something demented, rotten. The wealthy are aware of that, maybe not that they caused it, but they pay smart people to manage their money and it must be obvious that a myopic business strategy is preferable to a long term one. Workers aren’t assets anymore. Ford might have been a shithead, but he understood the vitality of low turnover to a successful long term company. My grandfathers brother worked for Sikorsky his entire life, started turning a single bolt and retired from the executive suite. But his generation was among the last to be that lucky. There is a barrier between labor and management, it used to be a college degree, now it seems to be a PhD or a Masters. Which is just a different representation of money because education is wildly overpriced. There are obviously exceptions, but it’s rare to find large companies that still promote from within, especially from the floor to a desk.
Not sure we should celebrate that man, but the idea