alt Hacker NewsHenry Ford for all his faults (and there were MANY) at least understood that you gotta have a customer base for your products, and that paying workers well helps everybody out.
Replies
Herring • today at 8:37 PM
Ok so that's 1 guy 100 years ago. How many golden parachutes and layoffs have there been since then? Cmon people put 2+2 together, it's not that hard.
➕ show 1 reply
Henry Ford wanted to raise salaries of his employees but the Dodge brothers (who owned only 10% of the company) successfully sued and "As of 2025, in Delaware, the jurisdiction where over half of all U.S. public companies are domiciled, shareholder primacy is still upheld."
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.