But he was at least competent enough at capitalism to understand that… consumer products… need consumers… who are paid enough
… to be able to buy said products.
Ford saw it as a means of control. He dictates who gets to live in the suburbs, who gets the cushier factory jobs, and who earns the more lavish managerial salaries.
I don’t think his model was strictly intentionally good. It just so happened that baking your consumer base into your workforce guarantees a certain baseline in sales and promises growth that scales with the size of your business.
That argument made sense before everything was owned by a few megacorps who collude with eachother.
So like, back in 1875.
Right? People who try to apply things from econ textbooks to the current world are on the wrong track. It doesn’t matter anymore. Line must go up
Fordism is dead
We outsourced all the manufacturing jobs and gutted the service sector
Yep, I was gonna say this.
Ford was a racist piece of shit.
But he was at least competent enough at capitalism to understand that… consumer products… need consumers… who are paid enough … to be able to buy said products.
Ford saw it as a means of control. He dictates who gets to live in the suburbs, who gets the cushier factory jobs, and who earns the more lavish managerial salaries.
I don’t think his model was strictly intentionally good. It just so happened that baking your consumer base into your workforce guarantees a certain baseline in sales and promises growth that scales with the size of your business.
Oh yes, I completely agree with you, it was for him a system of control.
… He was just actually fairly competent at managing that system, unlike our current gaggle of racist rapist reprobates.
Came here for this one word, collusion. Exhibit A Phoebus Cartel
Please change, capitalism (hah, as if).
Or advertising and the science if influence existed.