From “Henry Ford’s Own Story” by Rose Wilder Lane
Ford settled every problem by his own simple rule,”Do what is fundamentally best for everybody. It will work out for our interests in the end.” And always he was pondering the big problem of putting back into active use the millions that were accumulating to his credit. Every year the price was lowered on his cars, following his original policy of making the automobile cheap. Still the sales increased by leaps and bounds, and his margin of profit on each car mounted into a greater total.
“The whole system is wrong”, he says. Continue reading “Henry Ford a Socialist?”