100 years later, Henry Ford's $5 Day credited with changing U.S. culture, creating modern Detroit

[mitty14u2]

If there’s one day that created the modern 20th Century Detroit, it would be Jan. 5, 1914. On that day a century ago, Henry Ford shocked the nation by introducing the $5-a-day wage for Ford autoworkers.

That $5 Day roughly doubled what Ford and other industrialists had been paying their workers. Although it astonished and angered his peers, Ford calculated — correctly as it turned out — that paying so much would allow his workers to buy their own Ford cars, and reduce what had been a costly level of turnover in the company’s factories. It would create a loyal workforce that would boost productivity and profits to new heights.

The new wage rate set off seismic shifts in American society. A tidal influx of job candidates from the South and around the world flowed into Detroit. Factory jobs became prized, helping turn America into the world’s industrial colossus. Detroit and America were never the same

http://www.freep.com/article/20140105/BUSINESS06/301050040/Henry-Ford-5-day

The Wall Street crash, the great depression and its how it affected the lives of the American People

History course work.

During the 1920's, the American stock exchange had undergone what can only be described as a 'boom'. Huge post war expansion had taken place and America's economy was extremely healthy, homelessness had been reduced significantly and financial stability for most of the population had reached an all time high. This newfound wealth created a time where the ordinary working class people would find themselves being capable of buying washing machines, cars, radios, fashionable new clothes and vacuum cleaners, things thing which had previously been beyond their reach. Many people lived far more comfortably than ever before and prosperity had spread through much of America like an epidemic. New companies were springing up everywhere and the older companies were growing larger still. Indeed the US was really the best place you could have hoped to live in during the nineteen- twenties. Quite possibly the best example of this was Henry Ford's Motor Company, who while they could, paid good wages and made a lot of profits themselves. They were the first large company to adopt a new

http://www.markedbyteachers.com/gcse/history/the-wall-street-crash-the-great-depression-and-its-how-it-affected-the-lives-of-the-american-people.html

Henry Ford Quotations

"As betting at the race ring adds neither strength nor speed to the horse, so the exchange of shares in the stock market adds no capital to business, no increase in the production and no purchasing power to the market." 2/1/1926 Ford News, p. 2. Finance

"A peaceful nation is one that has the means to make war and restrains." 2/15/1926 Ford News, p.2 War & Peace; America; History; Foreign Affairs

"Henry Ford in a statement said: 'No one loses anything by raising wages as soon as he is able. It has always paid us. Low wages are the most costly any employer can pay. It is like using low-grade material--the waste makes it very expensive in the end. There is no economy in cheap labor or cheap material. The hardest thing I ever had to do was to reduce wages. I think we were the last big company to come to it. Now I am mighty glad that wages are climbing again." April 1934 Ford News, p. 43 Labor; Wages; Ford Motor Co.

http://www.thehenryford.org/research/henryFordQuotes.aspx

Now we are in the midst or aftermath of wall street crooks to austerity, everything great minds like Henry Ford worked against, prosperity was the result until the greed of wall street took it down. Sound familiar, Ford was right, republicans are dead wrong, the fight progresses on!

[Nye Bevan]

1. Henry Ford was a disgusting anti-Semite.

Henry Ford's anti-Semitic views echoed the fears and assumptions of many Americans in the late 19th and early 20th centuries. Anti-Semitism in America saw a change in expression and virulence when increased immigration from Europe brought millions of Jews to the U.S. during Ford's childhood in the latter half of the 19th century. It reached its peak during the mid-1920s: a time when Ku Klux Klan membership had reached four million, Prohibition restricted alcohol consumption, and discriminatory immigration policies were enacted favoring immigrants from northern and western Europe over other parts of the world.

A close friend recalled a camping trip in 1919 during which Ford lectured a group around the campfire. He "attributes all evil to Jews or to the Jewish capitalists," the friend wrote in his diary. "The Jews caused the war, the Jews caused the outbreak of thieving and robbery all over the country, the Jews caused the inefficiency of the navy…"

In 1918, Henry Ford purchased his hometown newspaper, The Dearborn Independent. A year and a half later, he began publishing a series of articles that claimed a vast Jewish conspiracy was infecting America. The series ran in the following 91 issues. Ford bound the articles into four volumes titled "The International Jew," and distributed half a million copies to his vast network of dealerships and subscribers. The rhetoric was not unusual for its content, as much as its scope. As one of the most famous men in America, Henry Ford legitimized ideas that otherwise may have been given little authority.

......

Ford also republished the Protocols of the Elders of Zion -- what is that?
The Protocols of the Elders of Zion was a notorious forgery that originally came from Russia, and [was] translated into English. [It] claimed the existence of an international Jewish conspiracy -- that a group of Jews got together and basically planned the fate of the world, be it financial catastrophe, be it war. The world was controlled by this little cabal of Jews. [This forgery was] printed in The Dearborn Independent as a factual piece. And so someone reading it would take this to be the news.

http://www.pbs.org/wgbh/americanexperience/features/interview/henryford-antisemitism/

[thesquanderer]

3. The OP isn't about Ford as a person

It's about economic business principles that seem to have worked well.

Knocking down the message because of the messenger (a kind of ad hominem attack) is irrelevant to the point.

[mitty14u2]

2. Wall Street is anti-everybody except themselves so he didn't like Jews, times have changed

Republicans hate everyone except rich people or people they can make money from, doing good for a nation or ethics seems to be a foreign language, screw while you can, pay no taxes, take, take, take is the only answer!

Many things happened to piss off Henry back in the day,

including;

`I never got on my knees for any Christian,`` the gangster Meyer Lansky once boasted. The ``Mafia`s Henry Kissinger`` and ``one of the architects of modern organized crime`` was an undevout Jew totally committed to Israel who sometimes saw his unsavory career as an act of defiance against the goyim who ran the world, observes Robert Lacey in this latest and perhaps definitive Lansky biography.

Lacey-previously biographer of the Henry Ford family and Britain`s royals-reminds us that there was a time when Jews were even more feared than Italians for their antisocial violence. In the 1930s Dutch Schultz, Lepke Buchalter, Jake ``Gurrah`` Shapiro and Benny ``Bugsy`` Siegel ``were responsible for more deaths between them than Lucky Luciano and all the padrones`` of the Italo-Americans in the Mafia wars. Lansky-small, cold-eyed, austere-outlived them all by distancing himself from ``dirty`` crimes (drugs, prostitution and murder) and by playing the elegantly bookish gentleman whose hooded gaze, which he used judiciously, could chill your blood.

Whether or not he himself had been a killer, Lansky ``consorted with killers, and he had ridden on the fear that their violence generated,`` Lacey says. He was brilliant at manipulating others` dread of the power he was supposed to represent. What made the threat plausible was that Lansky himself once had been a fearless street scrapper, a reality that contradicted his later Book-of-the-Month Club facade.

http://articles.chicagotribune.com/1991-12-29/entertainment/9104260464_1_gangster-life-robert-lacey-brains