The Lawsuit that accidentally Ruined Capitalism: Ford vs. Dodge

Today we dig into the history of "Shareholder Wealth Maximization" and the fascinating story of when the Dodge Brothers sued Henry Ford for not paying enough money to Ford Shareholders. Knowing this history is incredibly important and you shouldn't need to hire a lawyer to understand it. That's why I'm here to help! Welcome to Internet Esquire where I explain concepts, history, and doctrines we've all heard of but might not totally understand. Consider Subscribing! I drop episodes about every week. Please enjoy and have a wonderful day. Consider Subscribing ► YouTube: https://www.youtube.com/@UCjfp8mYz5oHLEwHNaDsLSew Instagram: https://www.instagram.com/theinternetesquire Twitter/X: https://x.com/internetesquire TikTok: https://www.tiktok.com/@internetesquire Chapters ► 00:00 Intro 02:42 Henry Ford's Auto Origins 06:37 The Ford Motor Company 08:46 The Model T Changed Everything 11:55 Dodge Brothers Motor Vehicles 14:29 The $5 Work Day 17:00 Ford's Unorthodox Vision 21:42 Ford vs. Dodge 24:55 Strange Court Logic 30:31 Shareholder Wealth Maximization