Walmart could learn a thing or two from Henry Ford, who almost - TopicsExpress

Walmart could learn a thing or two from Henry Ford, who almost exactly a century ago decided to pay his workers three times the typical factory wage at the time. The Wall Street Journal called Ford a traitor to his class but he proved to be a cunning businessman. His decision helped boost factory wages across the board -- enabling so many working people to buy Model Ts that Fords revenues soared far ahead of his increased payrolls, and he made a fortune. So why cant Walmart learn from Ford? Because Walmarts business model is static, depending on cheap labor rather than increased sales, and it doesnt account for Walmarts impact on the rest of the economy. You can help teach Walmart how much power its consumers have: Stand with its workers who deserve a raise, and boycott Walmart on the most important sales day of the year, November 29.

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