Karl Marx was the intellectual father of communism, grandson of a rabbi. Henry Ford was the quintessential American industrialist, anti-union and anti-Semitic. They shared one insight, however. They both knew that capitalism could destroy its own markets. A plentiful supply of workers would keep wages low, to the benefit of industrialists. But those same industrialists … Continue reading Ian  McAuley. Is capitalism redeemable? Part 2: Karl Marx’s and Henry Ford’s shared understanding… Continue reading »