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Back to Timeline !whitepeopletwitter @pelespirit
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@pelespirit@sh.itjust.works on sh.itjust.works Open parent
Distribution of wealth is a thing
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@marcos@lemmy.world on lemmy.world Open parent
Ford paid their employees well because he created a factory that needed competent people, and he couldn’t afford those people leaving work all the time. That line about they affording the cars is bullshit.
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pelespirit
pelespirit in !whitepeopletwitter
@pelespirit@sh.itjust.works · Mar 05
Actually, the opposite. Also, it’s good to have your workforce also buying your cars. Henry Ford was a hard-nosed businessman; he didn’t introduce the $5 workday because he was a nice guy, says Bob Kreipke, corporate historian for the Ford Motor Co. “It was mainly to stabilize the workforce. And it sure did,” Kreipke says. “And raised the bar all over the world.” He says to understand why Ford thought this was a smart move in January 1914, you have to go back to another huge shift that happened a few months earlier: By 1913, Model T production totaled 200,000 — a feat made possible by the creation of the first moving assembly line. Conveyor belts transported small parts to workers, each of whom performed a specific task. This tremendously sped up production, but Ford still had a problem: While he had standardized production, he hadn’t standardized his workforce. Now, he didn’t need particularly skilled workers; he just needed ones who would do the same repetitive, specialized tasks hour after hour, day after day. Kreipke says there was chronic absenteeism and lots of worker turnover. So Ford gambled that higher wages would attract better, more reliable workers. npr.org/…/the-middle-class-took-off-100-years-ago…
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whitepeopletwitter
People Twitter
!whitepeopletwitter@sh.itjust.works

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
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  3. Must be a pic of the tweet or similar. No direct links to the tweet.
  4. No bullying or international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it’s a major figure or a politician. Archive.is the best way.
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Created: June 22, 2023
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