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Robert Kuttner

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Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.
--
Chapter 4, Labor, p. 169

 
Robert Kuttner

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This relationship is the foundation for the argument, made by some trade unionists and labour advocates, that high wages can actually be "good for business". The precedent set by Henry Ford in 1914, who offered workers $5.00 per day (a very high wage at the time) so they could afford to buy the same cars they made, is often invoked.

 
Jim Stanford
 

The working classes may be injuriously degraded and oppressed in three ways:
1st — When they are neglected in infancy
2nd — When they are overworked by their employer, and are thus rendered incompetent from ignorance to make a good use of high wages when they can procure them.
3rd — When they are paid low wages for their labour

 
Robert Owen
 

In fact, it would be very easy to ‘prove’ Marx’s analysis to have been wrong, if experience had shown, for example, that the more capitalist industry develops, the smaller and smaller the average factory becomes, the less it depends upon new technology, the more its capital is supplied by the workers themselves, the more workers become owners of their factories, the less the part of wages taken by consumer goods becomes (and the greater becomes the part of wages used for buying the workers’ own means of production). If, in addition, there had been decades without economic fluctuations and a full-scale disappearance of trade unions and employers’ associations (all flowing from the disappearance of contradictions between Capital and Labour, inasmuch as workers increasingly become the controllers of their own means and conditions of production), then one could indeed say that Capital was so much rubbish and had dismally failed to predict what would happen in the real capitalist world a century after its publication.

 
Ernest Mandel
 

Our book technology has Gutenberg at one end and the Ford assembly lines at the other. Both are obsolete.

 
Marshall McLuhan
 

Well Dad, send the money,
See what I can see,
Try to find a Cadillac,
A Sixty-two or three.
Just something that won't worry us
To keep it on the road.
Sincerely, your beloved son,
Henry Junior Ford

 
Chuck Berry
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