If anyone had used the term “capitalist” in reference to Henry Ford of Ford Motor Company, he would have been offended to the point of apoplexy. Like him, most 20th Century industrialists would have wondered at an individual’s ignorant usage of the term, but all of them would have quickly corrected the person with a simple statement:
These individuals preferred the term and classification of "industrialist." Select the image above or the button below to read the entire article.
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Peter E. Greulich
Pete has been studying IBM and early American corporate history since his retirement in 2011. These are his thoughts and musings, and of those whose biographies he has read with links to articles and book reviews on this website.