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In 1913, Henry Ford wrote the following as the directors had been reaping the rewards of profits - "The wages we pay are too small in comparison with our profits. I think we should raise our minimum pay rate".

Thursday, May 12, 2011

Obama takes up Ethical Capitalism

Okay, so he didn't use my term, but he said what its all about. (starts at 3:30)
"If we're hiring people, those are our future customers, we're going to be able to sell more products, we're going to do better in the long run."


View the whole video - because he is all over Ethical Capitalism :
http://www.cbsnews.com/8301-503544_162-20062037-503544.html