Top 1200 Labor And Capital Quotes & Sayings

Information is a substitute for time, space, capital, and labor.

Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.

A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration of labor: the demand for commodities simply determines in what direction labor shall be employed.

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.

It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize.

We are coming to see that there should be no stifling of labor by capital, or of capital by labor; and also that there should be no stifling of labor by labor, or of capital by capital.

Where wages command labor, as in the non-slaveholding States, there necessarily takes place between labor and capital a conflict, which leads, in process of time, to disorder, anarchy, and revolution if not counteracted by some appropriate and strong constitutional provision. Such is not the case in the slaveholding States.

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.

The pendulum of economic power might well begin to shift from capital back to labor.

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.

Labor is the superior of capital, and deserves much the higher consideration

Digitally enabled supply chains initially increased efficiency and dramatically shortened lead times. Capital was mobile; labor, less so. Economic activity (production, research, design, etc.) moved to any accessible country or region that had relatively inexpensive labor and human capital.

Human labor cannot compete with fixed capital - that's just a fact.

Puritanism carried the ethos of the rational organization of capital and labor. It took over from the Jewish ethic only what was adapted to this purpose.

In todays economy, the most important resource is no longer labor, capital or land; it is knowledge

In the struggle between capital and labor, more often than not capital has won, because the real source of value for most companies has historically been the hard assets that they owned and controlled.

The seeming antagonism between capital and labor is the result of deceptive appearance.

If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.

[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products.

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.

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

Labor, like Israel, has many sorrows. Its women weep for their fallen and they lament for the future of the children of the race. It ill behooves one who has supped at labor's table and who has been sheltered in labor's house to curse with equal fervor and fine impartiality both labor and its adversaries when they become locked in deadly embrace.

It is time that capital and labor realized that their interests are really comutual, as interdependent as the brain and the body; time they ceased their fratricidal strife and, uniting their mighty forces under the flag of Progress, completed the conquest of the world and doomed Poverty, Ignorance and Vice... Unless labor is employed, capital cannot increase - it cannot concentrate. Unless property rights are held inviolable and capital thereby encouraged to high enterprise, labor is left without a lever with which to lift itself to perfect life and must sink back to barbarism.

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.

Each needs the other: capital cannot do without labor, nor labor without capital.

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.

To the labor of man alone Smith ascribes the power of producing values. This is an error. A more exact analysis demonstrates... that all the values are derived from the operation of labor, or rather from the industry of man, combined with the operation of those agents which nature and capital furnish him.

In a condition of society and under an industrial organization which places labor completely at the mercy of capital, the accumulations of capital will necessarily be rapid, and an unequal distribution of wealth is at once to be observed.

In a capitalist world, the word capital has taken on more and more uses. . . . human capital, for instance, which is what labor accumulates through education and work experience. Human capital differs from the classic kind in that you can't inherit it, and it can only be rented, not bought or sold.

It seems to me self-evident that we cannot have capitalism without capital and, very importantly, that the ultimate source of all economic capital is Nature's capital

All businesses require capital, management and labor, and business executives, wanting to grow and maintain profitable enterprises, have a strong incentive to keep costs, including labor, as low as possible.

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.

If capital and labor ever do get together it's good night for the rest of us.

It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.

The organized labor movement as it is constituted today is as much a concomitant of a capitalist economy as is capital. Organized labor is predicated upon the basic premise of collective bargaining between employers and employees. This premise can obtain only for an employer-employee type of society. If the labor movement is to maintain its own identity and security, it must of necessity protect that kind of society.

One of the special characteristics of New York is that it is different from a London or a Paris because it's the financial capital, and the cultural capital, but not the political capital.

Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.

Where Labor stands idle ... there is a demonstrated deficiency, not of Capital, but of brains.

Capital and labor are both wild forces which require intelligent legislation to hold them in restriction.

In antiquity, agriculture and industry depended completely on human labor; but now, with the development of natural forces that human labor cannot match, agriculture and industry have fallen completely into the hands of the capitalists. The greater the amount of capital, the more abundant the resources that can be utilized.

Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society.

We gain nothing by trading the tyranny of capital for the tyranny of labor.

Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?

Labor in this country is independent and proud. It has not to ask the patronage of capital, but capital solicits the aid of labor.

Labor is superior to capital and precedes capital. Without labor, there is no capital.

If you divorce capital from labor, capital is hoarded, and labor starves.

The purpose of finance is to enable business to acquire the ownership of capital instruments before it has saved the funds to buy and pay for them. The logic used by business in investing is things that will pay for themselves is not today available to the 95% born without capital. Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

What is Communism? Communism is the doctrine of the conditions of the liberation of the proletariat. What is the proletariat? The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor.

The tendency of taxation is to create a class of persons who do not labor, to take from those who do labor the produce of that labor, and to give it to those who do not labor.

Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks.

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

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.

The thing that the Internet does is it allows labor to move freely across borders in the way that capital does but, traditionally, labor cannot. So the Internet frees workers to be based anywhere and work for employers anywhere.

Well, we see an increasingly weaker labor movement as a result of the overall assault on the labor movement and as a result of the globalization of capital.

Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the world is awash in capital, but the innovations we need to advance aren't there.

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.

Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.

It is the basic principle of Marxism that any attempt to reconcile capital and labor so that they both co-operate in peace and prosperity is a betrayal of communism.

The creation of new capital always... releases... labor. Its actual effect [though] is not to make jobs scarce, but to free men's labor for other jobs.

The National League was born the following year, as an attempt to exert the control of capital over labor.