Sanders Research Associates - The Rise and Decline of the Great American Corporation

Sanders Research Associates - The Rise and Decline of the Great American Corporation: "But surely these corporations are smarter than that, they must have some plan to deal with a shrinking American market? No. Advised by a class of professional economists who are trained to explain why this is the best of all possible worlds as long as the corporations can do whatever they want, blinded by greed and the low-hanging fruit of greater profits from lower wages, no CEO will think to do what Henry Ford did when he introduced the $5 day for workers. Ford justified his largesse by pointing out that his workers could now afford to buy his cars."