My Philosophy of Industry

By Henry Ford Jr.

“My Philosophy of Industry is a book written by Henry Ford, the founder of Ford Motor Company. The book is a collection of essays and speeches given by Ford over the course of his career, in which he outlines his philosophy on business and industry. In the book, Ford emphasizes the importance of efficiency, standardization, and mass production in manufacturing. He also discusses his belief in the value of hard work, innovation, and the importance of treating employees fairly. Throughout the book, Ford shares his vision for the future of industry and the role that businesses can play in creating a better society. He argues that companies should not just be focused on making profits, but should also be committed to improving the lives of their workers and the communities in which they operate. Overall, My Philosophy of Industry is a fascinating look into the mind of one of the most influential business leaders of the 20th century. It offers valuable insights into the principles and practices that helped Ford build one of the world's most successful companies, and provides a roadmap for anyone interested in building a successful business based on ethical and socially responsible principles.”-Print ed.

• Language: English
• Publisher: Porirua Publishing
• Release date: May 30, 2024
• ISBN: 9781991305060

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Publisher’s Note

Although in most cases we have retained the Author’s original spelling and grammar to authentically reproduce the work of the Author and the original intent of such material, some additional notes and clarifications have been added for the modern reader’s benefit.

We have also made every effort to include all maps and illustrations of the original edition the limitations of formatting do not allow of including larger maps, we will upload as many of these maps as possible.

TABLE OF CONTENTS

TABLE OF CONTENTS 1

PREFACE TO POPULAR EDITION 4

MY PHILOSOPHY OF INDUSTRY 4

A Mine of Practical Wisdom For Young and Old 4

MACHINERY, THE NEW MESSIAH 6

A NEW AGE FOR THE FARMER 7

REPAIRING MEN LIKE BOILERS 7

BENEFITS OF PROHIBITION 8

WHAT WILL THE FUTURE KNOW? 9

MY PHILOSOPHY OF INDUSTRY 11

RIGHT THINGS IN THE WRONG WAY 11

MATTER AND SPIRIT 13

NO MACHINE AGE 14

POLITICS DON’T MATTER 15

SUCCESS 17

THE MISSING LINK IN THE CHAIN OF PROGRESS 17

THE DEAD LIMBS OF LIFE 18

SOMETHING ROTTEN IN ECONOMICS 19

THE THREE PRINCIPAL ARTS 20

TALKERS AND DOERS 20

WHY I BELIEVE IN PROGRESS 22

THE VALUE OF MISTAKES 23

THE EXTRAVAGANCE OF GOVERNMENT FINANCING 25

BUSINESS MEN AS SOCIAL LEADERS 26

MY PHILOSOPHY OF INDUSTRY

HENRY FORD

"It is a mistake to think that we are living in a machine age...We are living in a machine age, we are living in the power age. This power age has great possibilities, depending on how we use it...It can be abused. But it can also be used greatly to benefit mankind."

My Philosophy of Industry

HENRY FORD

(AN AUTHORIZED INTERVIEW BY FAY LEONE FAUROTE)

PREFACE TO POPULAR EDITION

MY PHILOSOPHY OF INDUSTRY

A Mine of Practical Wisdom For Young and Old

HAVING always found much benefit and inspiration myself in the writings of Henry Ford, I have long sought a way to place this practical wisdom at the disposal of the public at large. By the generous and broadminded cooperation of the publishers of this book of Ford’s, Messrs. Coward-McCann, Inc., 425 Fourth Avenue, New York City, it is possible to place this volume on the market for twenty-five cents (25c.) postpaid in the United States and Canada.

This book is a mine of wisdom, by a man who has proved the correctness of his doctrines in respect to practical affairs as no other man has in America since Lincoln or Benjamin Franklin. Mr. Ford is a billionaire without any attempt to amass wealth. The success of his philosophy proves its soundness. He is a leader and inspiration to youth and old age. He has demonstrated in an indisputable way more practical truths of value to our people than anyone else I know of. He has made a stupendous success of his theory of service to the public, which will be the dominating principle of human relations henceforth. He has established beyond all cavil the soundness of his contentions.

He has proved that it is more to the interest of the employer to pay high wages than to pay low wages, for the higher the wages the greater the purchasing power of the wage earner, thus automatically broadening markets. Blood cannot be had from a stone nor can prosperity be attained where only poverty prevails. Why have men been so slow to grasp these basic truths? Why indeed? But no longer need any one fail to benefit by them. Some take a long time to learn, but the slow-witted who will not learn will soon be left behind in the march of progress and will be heard of no more.

His doctrine