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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (49609)7/29/2013 12:11:39 PM
From: Brumar89  Read Replies (1) | Respond to of 85487
 
I've missed that. He did start a successful company before going nuts. Maybe that's what you're talking about.



To: Broken_Clock who wrote (49609)7/29/2013 2:25:28 PM
From: i-node  Read Replies (1) | Respond to of 85487
 
>> Then why do so many right wingers sing his praises here?

It is the Left who is constantly referring to Ford's $5/day wage as if to suggest some altruistic motivation. It was as free market as you can get.

Liberals on another thread actually interpreted it to mean that Ford believed by paying $5/day his employees would be able to afford cars, and therefore make him more money by selling cars to his employees. We talk about Keynesian economics being off the rails, but this takes the proverbial cake.

How F-ing stupid does a person have to be to believe that? Ford used that example, and the Left today actually takes it literally (in spite of the fact that even after moving to the Rouge Factory, he still had fewer than 100K employees -- the number of cars Rouge could build in TEN DAYS).

The Right SHOULD see it for what it is -- a free market success in the extreme. The man's personal views are neither here nor there. He was wrong about lots of things (and would have ended as the biggest failure in history had Edsel not convinced him to expand to building multiple models, after GM had begun creaming Ford in the market place by making multiple models).

It isn't an "all or none" proposition. Ford made some excellent decisions and others that weren't. He was predominantly a technician and didn't really "get" sales. And he had some personal views that would be considered outrageous by today's standards. But he was a great success in his time because as the creator of the assembly line, he also recognized its weakness -- that you have to have enough people there every day to man the line.

I don't know why you continue to have difficulty with ostensibly simple concepts.