Originally Posted by
Avroman
Henry Ford didn't pay his workers the unprecedented sum of $5 to be nice or charitable. He did it because he knew that with that money his workers would then be able to buy is products, making his products that much more successful and profitable. American corporations have lost that lesson. Nobody thinks about "gee I've squeezed every penny out of my workers' wages, how come nobody wants my products anymore?"
Henry Ford knew he was going to be at the helm long enough to see the rewards of such investment in workers. Many of today's revolving-door managers are reluctant to make sacrifices which, they fear, may cost them their jobs and only benefit their successors.
