A Quote by Dwight D. Eisenhower
American working men are principals in the three-member team of capital, management, labor. Never have they regarded themselves as a servile class that could attain freedom only through destruction of the industrial economy.
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I'd love if people relearned the lessons of the 20th century all over again. Which is to say this country progressed economically and socially when we had a better balance between capital and labor. Neither capital or labor won every argument. The battle between the two created economic tension, and transformed the working class into the middle class, and grew the economy.
Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.
There are but three political-economic roads from which we can choose... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours.
A few ideas seem to be agreed upon. Help none but those who help themselves. Educate only at schools which provide in some form for industrial education. These two points should be insisted upon. Let the normal instruction be that men must earn their own living, and that by the labor of their hands as far as may be. This is the gospel of salvation for the colored man. Let the labor not be servile, but in manly occupations like that of the carpenter, the farmer, and the blacksmith.
Whereas the property-owning middle class could win freedom for themselves on the basis of rights to property--thus excluding others from the freedom they gain--the property-less working class possess nothing but their title as human beings. Thus they can liberate themselves only by liberating all humanity.
From my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior ofcapital, and deserves muchthe higher consideration.
It is only the working class at the head of the masses, it is only the working class headed by its real Marxist-Leninist party, it is only the working class through armed revolution, through violence, that can and must bury the traitorous revisionists.
On the basis of his work each person is fully entitled to consider himself a part owner of the great workbench at which he is working with everyone else. A way toward that goal could be found by associating labor with the ownership of capital joint ownership of the means of work, sharing by the workers in the management and/or profits of businesses, so-called shareholding by labor, etc.
A football team is like a piano; you need eight men to carry it and three who can play the damn thing The strength of the team is each individual member. The strength of each member is the team.
For me, the labor movement and public education are linked as the essential building blocks to a strong middle class and a path to the American dream. It's why I went to Cornell's School of Industrial and Labor Relations as an undergrad and then to law school.
In proportion as the bourgeoisie, i.e., capital, is developed, in the same proportion is the proletariat, the modern working class, developed - a class of labourers, who live only so long as they find work, and who find work only so long as their labour increases capital. These labourers, who must sell themselves piecemeal, are a commodity, like every other article of commerce, and are consequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.
The laws should be rigidly enforced which prohibit the immigration of a servile class to compete with American labor, with no intention of acquiring citizenship, and bringing with them and retaining habits and customs repugnant to our civilization.
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.
Work is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.
Through much of its history, the US did not have high inequality as compared with Europe. Less so, in fact. That began to change in the industrial age, reaching a peak in 1928, after the forceful destruction of the labor movement and crushing of independent thought. Largely as a result of labor mobilization, inequality declined during the Great Depression, a tendency continuing through the great growth period of regulated capitalism in the early postwar decades.
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