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Planet money monopoly history
Planet money monopoly history






planet money monopoly history

The influence of leisure on consumption makes the short day & the short week necessary. We think that, given the chance, people will become more expert in the effective use of their leisure time.

#PLANET MONEY MONOPOLY HISTORY HOW TO#

We are not of those who claim to be able to tell people how to use their spare time. We find that the men come back after a two-day holiday so fresh & keen that they are able to put their minds as well as their hands to work. That has already been demonstrated to us by our experiments during the last several years. Our people are perfectly capable of using to good advantage the time that they have off, after work. Nor must we confound leisure with shiftlessness. There is, of course, a profound difference between leisure & idleness.

planet money monopoly history

But in a few years all adjusted themselves & our supervision was less needed. Others banked the surplus money & went on living just as they had lived before. Some of the men squandered their extra pay. We found a few men taking on extra jobs-some worked the dayshift with us & the night shift in another factory. When we put our $5 minimum wage for an eight-hour day into effect in 1913, we had to watch many of our men to see what use they made of their spare time & money. Everything good may also be dangerous-if mishandled. This is not to say that leisure may not be dangerous. It is high time to rid ourselves of the notion that leisure for workmen is either 'lost time' or a class privilege. Further progress along the same lines has made it possible to bring in the five day week. It is the rise of the great corporation with its ability to use power, to use accurately designed machinery, & generally to lessen the wastes in time, material & human energy that made it possible to bring in the eight hour day. The hours of labor are regulated by the organization of work and by nothing else. Five years ago, introducing the five day week would have had the same result. Twenty years ago, introducing the eight-hour day generally would have made for poverty & not for wealth. Of course there is a humanitarian side to the shorter day & the shorter week, but dwelling on that side is likely to lead one astray, for leisure may be put before work instead of after it-where it belongs. The industry of this country could not long exist if factories generally went back to the ten-hour day, because people would not have the leisure, the desire, or the means to consume the goods produced.Just as the eight-hour day opened our way to prosperity in America, so the five-day week will open our way to still greater prosperity. Without it the country will not be able to absorb its production & stay prosperous. 'It is bound to come through all industry. "'The country is ready for the five-day week,' says Mr. If you are searching for a quote and do not see it in the attached list, it means that staff was not able to trace it to a reliable source. Examples of reliable secondary sources would be a published interview with or other direct quotations of Henry Ford in newspapers contemporary to him, including but in no way limited to house organs such as the Ford Times and Ford News, or a book whose ghostwriting or collaboration was authorized by Henry Ford. The list includes quotations that have been traced to a primary source or a reliable secondary source. Staff, interns, and volunteers of the Benson Ford Research Center at The Henry Ford have continued this work, resulting in the list below ( also available as a spreadsheet download.). Work on collecting and authenticating Henry Ford quotations was begun at Ford Motor Company, possibly as early as the mid-1920s. However, many of these quotes are difficult to properly verify or attribute. Because of his immense popularity during his lifetime and since, numerous sayings have been ascribed to Henry Ford.








Planet money monopoly history