More importantly > Ford wanted his workers to be able to purchase the cars that they built... "One’s own employees ought to be one’s own best customers.” - "ridiculous statement"???-
Way ahead of its time!
"In 1914, Henry Ford made a big announcement that shocked the country. It caused the financial editor at
The New York Times to stagger into the newsroom and ask his staff in a stunned whisper, “He’s crazy, isn’t he? Don’t you think he’s crazy?”
That morning, Ford would begin paying his employees $5.00 a day, over twice the average wage for automakers in 1914.
In addition, he was reducing the work day from 9 hours to 8 hours, a significant drop from the 60-hour work week that was the standard in American manufacturing."
See >
https://www.saturdayeveningpost.com/...-minimum-wage/