this post was submitted on 05 Mar 2026
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[–] ChicoSuave@lemmy.world 20 points 1 day ago

Anyone who doubts Ford actually believed what he said about paying people well and treating his employees to their share of the profits - look to history.

My ambition is to employ still more men, to spread the benefits of this industrial system to the greatest possible number, to help them build up their lives and their homes. To do this we are putting the greatest share of our profits back in the business.

Ford was sued by the Dodge Brothers for not prioritizing shareholder profits over his employees and customers. This is the lawsuit that established "shareholder value" as the only reason a publicly traded company can exist and it is the mechanism behind enshittification.

Ford tried and was forced to stop.