Sloan: GM manufactures profits not cars.

Carrol Cox cbcox at ilstu.edu
Wed Mar 17 05:58:35 PST 1999


I believe it was Sloan, the first Chairman of General Motors, who said that GM manufactured profits, not cars. I forget

Carrol

Doug Henwood wrote:


> rc-am wrote:
>
> >the aim of the captialsit mode of production is
> >the production of capital. true, there is a circularity, the
> >appearance of self-referentiality here
>
> I once heard that Henry Ford said he wasn't in business to make cars, but
> to make money, Does anyone know if he really said this, and if so, where?
>
> Doug



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