Just thinking about Henry Ford and trying to relate it to today.
The first Model T's were sold for $825 and took over 12 hours. With the introduction of the assembly line, he cut the time down to under three hours and the price down to $260..... and actually increased wages at the same time - for the workers! He more than doubled their wages and cut the work day from 9hours down to 8 hours! Everyone could afford a car.
Today, if a manufacturer (not necessarily automotive, but ANY manufacturer) found a way to cut costs and speed production, how many would do a similar thing?
That sort of spirit and vision is what made America the great country it was. Not just Ford, but throughout the country. Since then, greed, profiteering, corruption, lobby groups, big business and multinationals, political interference, shareholders, lawyers, unions, and an unconcerned selfish population have all had their slice of the American Pie and look where things are now!! There are reasons for all these things, but the combined results are disasterous! The rich get MUCH richer, the middle class gets way smaller and the poor get poorer.
Any individual entrepreneur doesn't have a chance. Either he will be crushed or taken over or bought out. In any case, there is no incentive to be charitable or even a "good" employer. All that matters is the $$$$$
The whole house of cards comes down and we land up bailing out these silly huge corporations to the benefit of their big shareholders, while everyone else suffers. Let them fail and get things back on track......it may hurt bad for a while, but America the Great will rise again, and far better.
If we let things go the way they are now, in 30 years all the call centers for Indian and Chinese companies will be located in the US, probably in old shut down factories in Detroit!
