"Of course, it is not the employer..." - Quote by Henry Ford
Of course, it is not the employer who pays wages. He only handles the money. It is the product that pays wages and it is the management that arranges the production so that the product may pay the wages.
More by Henry Ford
“Every man is better for a period of work under the open sky.”
“There should be no unemployment. There is large percentage of labor now which cannot make a living because wages are not high enough. That is industry's 2nd job. 1st job is to make good product. 2nd pay a good wage.”
“People are as happy as they choose to be.”
More on Economics
“The aim of New Deals is to exterminate the class of creditors and thrust all men into that of debtors. It is like trying to breedcattle with all cows and no bulls.”
“A small group had concentrated into their own hands an almost complete control over other people's property, other people's money, other people's labor - other people's lives. For too many of us life was no longer free; liberty no longer real; men could no longer follow the pursuit of happiness.”
“There is talk ... of our constructing Dnieprostroy through our own means. The means needed are great, several hundred millions. Let us not get into the position of the peasant who, after accumulating a nest-egg, instead of repairing his plough and renewing his equipment, buys a gramophone and goes bankrupt.”
More on Wages
“A low wage business is always insecure.”
“To the second end, we hold that minimum wage commissions should be established in the Nation and in each State to inquire into wages paid in various industries and to determine the standard which the public ought to sanction as a minimum; and we believe that, as a present installment of what we hope for in the future, there should be at once established in the Nation and its several States minimum standards for the wages of women, taking the present Massachusetts law as a basis from which to start and on which to improve.”
“In proportion therefore, as the repulsiveness of the work increases, the wage decreases.”