Henry Ford

Henry Ford

Summary

Portrait of Henry Ford Henry Ford My Life and Work (1922)

Business is always either feasting or fasting and is always either "good" or "bad." Although there is never a time when everyone has too much of this world's goods—when everyone is too comfortable or too happy—there come periods when we have the astounding spectacle of a world hungry for goods and an industrial machine hungry for work and the two—the demand and the means of satisfying it—held apart by a money barrier. Both manufacturing and employment are in-and-out affairs. Instead of a steady progression we go ahead by fits and starts—now going too fast, now stopping altogether.
Source: Gutenberg

Portrait of Henry Ford Henry Ford My Life and Work (1922)

The farmer does not stand so much in need of new tools as of power to run the tools that he has. I have followed many a weary mile behind a plough and I know all the drudgery of it. What a waste it is for a human being to spend hours and days behind a slowly moving team of horses when in the same time a tractor could do six times as much work! It is no wonder that, doing everything slowly and by hand, the average farmer has not been able to earn more than a bare living while farm products are never as plentiful and cheap as they ought to be.
As in the automobile, we wanted power—not weight.
Source: Gutenberg

Portrait of Henry Ford Henry Ford My Life and Work (1922)

There is nothing to be gained by crushing any one. If the farmer's bloc should crush the manufacturers would the farmers be better off? If the manufacturer's bloc should crush the farmers, would the manufacturers be better off? Could Capital gain by crushing Labour? Or Labour by crushing Capital? Or does a man in business gain by crushing a competitor? No, destructive competition benefits no one. The kind of competition which results in the defeat of the many and the overlordship of the ruthless few must go. Destructive competition lacks the qualities out of which progress comes.
Source: Gutenberg

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