Was firing an over-reaction?

Was firing an over-reaction?

Legislation like this is a large part of the reason why Marx was wrong

It funny: Marx said many different things yet you somehow talk without ever clarifying what exactly you mean as if everything he said was wrong.

Well, that and the fact that some enlightened employers, like Ford, realised that they had to pay their employees enough that they could afford to buy things: that economic slavery was bad

Actually it was not Ford's altruism but creation of FED which made it possible to expand markets which, in turn, made continuation of capitalist possible. Ford employees can only buy Fords because someone somewhere digs the ore for the food and shelter. As long as it was possible to expand markets capitalism ruled, when it struggled to do so (Germany and Japan in XX century) it become violent, when nukes made hot resolution impossible it stagnated and surged when new markets become available (it's easy to see things like the opening up of the country to foreign investment and collapse of USSR and other, smaller expansions on a graph), and of course when it finally covered the world it started disintegrating as expected (again on the same graph: extreme efforts by FED, ECB, PBOC and others were just enough to stop this collapse for a time and it's clear that these programs have limited lifetime).

Now, if you talk about the next stage (utopia which will be achieved after capitalism collapse) then I agree that here Marx described something based solely on a wishful thinking - but it was well over hundred years ago, it's hard to blame him.

P.S. And of course the fact that it's still one of the best available descriptions of the capitalism's collapse is just sad: we had a century to prepare to the event, did nothing and instead gave awards to people who just ten years ago explained how capitalism can go on expanding forever on a finite planet. Gosh. Pathetic.