A company’s own employees make up a tiny share of its customers, so it doesn’t matter if their employees are destitute. What we really need is for all companies to pay reasonable wages. Because but no company individually benefits from raising its own workers’ wages, what we need is regulation, like perhaps some sort of “minimum wage” that’s enough to live on. Can’t see that happening as long as Republicans have a say in it, though.
Companies don’t seem to understand that when employees are underpaid they aren’t able to do as much customer spending.
For all his faults, Henry Ford understood that. If your employees can’t afford your product, you aren’t going to succeed.
A company’s own employees make up a tiny share of its customers, so it doesn’t matter if their employees are destitute. What we really need is for all companies to pay reasonable wages. Because but no company individually benefits from raising its own workers’ wages, what we need is regulation, like perhaps some sort of “minimum wage” that’s enough to live on. Can’t see that happening as long as Republicans have a say in it, though.
Their comment wasn’t about buying back the company product, it was a measurement of general lifestyle and living.
The implication is a person who can afford the product they make is one who is also the target audience.