“ The highest use of capital is not to make more money, but to make money do more service for the betterment of life. ”
Henry Ford, My Life and Work (1922). copy citation
| Author | Henry Ford |
|---|---|
| Source | My Life and Work |
| Topic | life money capital service |
| Date | 1922 |
| Language | English |
| Reference | |
| Note | |
| Weblink | http://www.gutenberg.org/cache/epub/7213/pg7213-images.html |
Context
“Capital that is not constantly creating more and better jobs is more useless than sand. Capital that is not constantly making conditions of daily labour better and the reward of daily labour more just, is not fulfilling its highest function. The highest use of capital is not to make more money, but to make money do more service for the betterment of life. Unless we in our industries are helping to solve the social problem, we are not doing our principal work. We are not fully serving.
CHAPTER XIV THE TRACTOR AND POWER FARMING It is not generally known that our tractor, which we call the "Fordson," was put into production about a year before we had intended, because of the Allies' war-time food emergency, and that all of our early production (aside, of course, from the trial and experimental machines) went directly to England.” source
CHAPTER XIV THE TRACTOR AND POWER FARMING It is not generally known that our tractor, which we call the "Fordson," was put into production about a year before we had intended, because of the Allies' war-time food emergency, and that all of our early production (aside, of course, from the trial and experimental machines) went directly to England.” source
Meaning and analysis
