@audubonballroon@mastodon.social
2026-07-30 15:26 UTC
Facts
By 1916, the Ford Motor Company had accumulated a surplus of $60 million. The price of the Model T, Ford's mainstay product, had been successively cut over the years while the wages of the workers had dramatically, and quite publicly, increased. The company's president and
(3/8)
Replies (1)
-
@audubonballroon@mastodon.social 2026-07-30 15:28
majority stockholder, Henry Ford, sought to end special dividends for shareholders in favor of massive investments in new plants that would enable Ford to dramatically increase production, and the number of people employed at his plants, while continuing to cut the costs and 4/8