Henry Ford：My Life and Work, Additional Excerpt 244

This policy does not agree with the general opinion that a business is to be managed to the end that the stockholders can take out the largest possible amount of cash. Therefore I do not want stockholders in the ordinary sense of the term--they do not help forward the ability to serve. My ambition is to employ more and more men and to spread, in so far as I am able, the benefits of the industrial system that we are working to found; we want to help build lives and homes. This requires that the largest share of the profits be put back into productive enterprise. Hence we have no place for the non-working stockholders. The working stockholder is more anxious to increase his opportunity to serve than to bank dividends.

Source： https://www.gutenberg.org/ebooks/7213
Locator：Additional excerpt 244 · Verified：2026-10-19 · Verification：Short excerpt

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