> For one thing, Ford's logic is quite sound precisely because he's the only one raising wages.

Except that the rest of the industry followed suit as well, which, by your logic, should have nullified any advantage.

But it didn't.

There are other points to the article that naysayers completely miss (because it disagrees with their set-in-stone world view, it seems). Well paid workers, even if common across the entire industry, have multiple benefits. They are more motivated, more productive, and at a larger economic scale they have more buying power to actually purchase things being produced.