A Quote by Abraham Lincoln

Labor is the true standard of value.

Abraham Lincoln

Quote Topics

Labor Standard True Value

Quote Author

Abraham Lincoln
American - President
February 12, 1809 - April 15, 1865

A commodity has a value because it is a crystallization of social labor. The greatness of its value, or its relative value, depends upon the greater or less amount of that social substance contained in it; that is to say, on the relative mass of labor necessary for its production.

Karl Marx

A low standard of prayer means a low standard of character and a low standard of service. Those alone labor effectively among men who impetuously fling themselves upward towards God.

Charles Brent

The product of mental labor - science - always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.

Karl Marx

There is, literally and figuratively, not a gold standard. That's almost as big a problem in art as in the financial world. How do you affix a value to something that only has value because a certain number of people agree to believe in that value?

John Currin

It is to labor, and to labor only, that man owes everything possessed of exchangeable value. Labor is the talisman that has raised him from the condition of the savage: that has changed the desert and the forest into cultivated fields; that has covered the earth with cities, and the ocean with ships; that has given us plenty, comfort, and elegance, instead of want, misery, and barbarism.

John Ramsay McCulloch

To me, creative work is labor, like any other kind of labor. It's got value, and it takes your time, and it's useful to people, depending.

John Darnielle

One finds fortunes built on slave labor, indentured labor, prison labor, immigrant labor, female labor, child labor, and scab labor - backed by the lethal force of gun thugs and militia. 'Old money' is often little more than dirty money laundered by several generations of possession.

Michael Parenti

The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It would introduce into distribution a genuinely arbitrary element, with a very large ultimate power to pervert the natural system.

John Bates Clark

The value of "one person, one vote," the value of equality, is a value that was given to us more than 50 years ago as a central part of our constitutional tradition. So, under that principle, we ought to be applying the same standard today that I would have said we should have applied a year ago.

Lawrence Lessig

During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical economics. A standard message was to increase labor market flexibility. The not-so-subtle subtext was to lower wages and lay off unneeded workers.

Joseph Stiglitz

The true doctrine is that labor - systematic, effective, congenial labor - is not only a necessity, but is the source of the highest enjoyment.

Orison Swett Marden

The value of assets often increases exponentially while the value of your labor only increases incrementally.

Robert Kiyosaki

The error in positivism is that it takes as its standard of truth the contingently given division of labor, that between the science and social praxis as well as that within science itself, and allows no theory that could reveal the division of labor to be itself derivative and mediated and thus strip it of its false authority.

Theodor Adorno

The true value of having Florida Virtual School in this mix is that it creates a gold standard for all providers to meet if they hope to compete for Florida students. This program raises the bar for everybody, even the traditional public schools. And that benefits all our children.

Dan Webster

Labor, being itself a commodity, is measured as such by the labor time needed to produce the labor-commodity. And what is needed to produce this labor-commodity? Just enough labor time to produce the objects indispensable to the constant maintenance of labor, that is, to keep the worker alive and in a condition to propagate his race. The natural price of labor is no other than the wage minimum.

Karl Marx

Just as the normative standard for the good and for the true is God, so the ultimate standard of beauty is God.