Re:Powerless investors vote overwhelmingly to oust Mark Zuck...
by pytester on Tuesday June 04, 2019 @11:53AM
(#20096161)
>That’s not entirely accurate, see Henry Ford suspending shareholder dividends, raising employee wages and lowering price of cars for consumers to fulfill vision of every American family owning a (Ford) car.
It wasn't to fulfill any kind of dream or vision. Ford didn't like his shareholders, quality was getting hammered by high turnover and he had a weird paternalistic desire to exert more control over his employees (as well as to head off the looming strike threat).
It wasn't to fulfill any kind of dream or vision. Ford didn't like his shareholders, quality was getting hammered by high turnover and he had a weird paternalistic desire to exert more control over his employees (as well as to head off the looming strike threat).