Henry Ford on Elevating Capital
on Tuesday, December 2, 2014Henry Ford Money Quotation saying the most important thing we can do with cash is to direct it to improving life for society. Henry Ford said:
“The highest use of capital is not to make more money, but to make money do more for the betterment of life” — Henry Ford
In this quote, Henry Ford seems to be challenging the conventional view that the primary purpose of capital and business is to generate maximum profits and wealth. Instead, he argues that capital’s “highest use” is to improve and enhance people’s lives overall.
Ford appears to believe that money and resources are best put to use creating value for society, whether that be through job opportunities, innovative products/services, philanthropic initiatives, etc. rather than just accumulating more money for its own sake.
The quote promotes using the power of capital and business as a force for positive change and bettering conditions for humanity at large beyond just profit-seeking.
Birthday: July 30, 1863 – Death: April 7, 1947