To: harpseal
"But despite this Hebry Ford pioneered paying awage to his employees sufficient that they could buy his products. that was perhaps his true genius."
Depends on your product doesn't it? One wonders what Boeing would have to pay for each employee to buy his own 747.
To: DugwayDuke
But despite this Hebry Ford pioneered paying awage to his employees sufficient that they could buy his products. that was perhaps his true genius.
I don't really buy this, either. I don't know what the standard rate was compared to what Ford payed his employees, but it would inevitably raise the cost of the car. So now x number of employees could afford the cars, which raises the cost of the cars to $y, which would then make x number of other people unable to afford the cars. Sure, it was good for publicity, but if there were other competitors out there who could sell for the same price, it would not have been possible.
To: DugwayDuke
Depends on your product doesn't it? One wonders what Boeing would have to pay for each employee to buy his own 747. Clearly it does to some extent depend upon product but Boeing in its own self interest should pay a wage sufficient to their employees so they can as a general rulepurchase seats on flights using Boeing aircraft.
233 posted on
08/12/2003 10:13:49 AM PDT by
harpseal
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