Despite the fact that higher wages would cost him more up front, he realized that filling wallets would ultimately benefit his business in the long run by stimulating demand. If only more of today's executives would recognize that stagnant middle and working class incomes go hand in hand with overall economic malaise we might actually start to make some progress on growing the economy.
Henry Ford, When Capitalists Cared
Henry Ford recognized that business succeeds when workers do.
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