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. — Abraham Lincoln
Labor is the superior of capital, and deserves much the higher consideration — Abraham Lincoln
The most valuable of all capital is that invested in human beings — Alfred Marshall
It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize. — Theodore Roosevelt
Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks. — Karl Marx
Money is an information system for labor allocation. — Elon Musk
Labor is the fabled magician's wand, the philosophers stone, and the cap of good fortune. — James Weldon Johnson
a labor victory must be economic and it must be revolutionizing. — Elizabeth Gurley Flynn
Labour, like all other things which are purchased and sold... has its natural and its market price. — David Ricardo
Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. — Ludwig von Mises
To develop political and economic power in a capitalist society, you need capital. — Bobby Seale
Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new ideas, new products, new technologies, and new methods of managing teams. — Manmohan Singh
It is impossible for capitalists and laborers to have common interests. — Samuel Gompers
The accumulation of capital and misery go hand in hand, concentrated in space. — David Harvey
Labor is the true alchemist that beats out in patient transmutation the baser metals into gold. — William Morley Punshon
Skills that are monopolizable are anathema to capital. — David Harvey
Knowledge is the only instrument of production that is not subject to diminishing returns. — John Maurice Clark
The end of labor is to gain leisure. — Aristotle
Organized labor is the only way to have fair distribution of wealth... — Dolores Huerta
Labor is not fighting for a larger slice of the national pie-labor is fighting for a larger pie. — Walter Reuther
Labor And Capital Image Quotes
Dare to be honest and fear no labor.
Capitalist Economy Quotes
"Freedom" in capitalist countries exists only for those who possess money and who consequently hold power. — Nikita Khrushchev
The real bosses, in the capitalist system of market economy, are the consumers. — Ludwig von Mises
Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God's children. — Martin Luther King, Jr.
There is no substitute for hard work.
Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies. — Robert Gilpin
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire. — Ludwig von Mises
In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices are broadcast from the exchanges, reaching all corners of the economy - where they are used to transact business. — Max Keiser
The broad liberal objective is a balanced and flexible "mixed economy," thus seeking to occupy that middle ground between capitalism and socialism whose viability has so long been denied by both capitalists and socialists. — Arthur M. Schlesinger, Jr.
We want a system in which the worker shall get what he produces and the capitalist shall produce what he gets. — Eugene V. Debs
Every year the progress of advanced capitalist society makes our population consist of more and more isolates. This is because of the infrastructure of the economy, especially electronic communications. — Mary Douglas
Capitalism And Socialism Quotes
Returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. — Martin Luther King, Jr.
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest. — Joseph Schumpeter
Community connectedness is not just about warm fuzzy tales of civic triumph. In measurable and well-documented ways, social capital makes an enormous difference in our lives...Social capital makes us smarter, healthier, safer, richer, and better able to govern a just and stable democracy. — Robert D. Putnam
If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action. — Ludwig von Mises
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest. — Joseph A. Schumpeter
We have deluded ourselves into believing the myth that capitalism grew and prospered out of the Protestant ethic of hard work and sacrifices. Capitalism was built on the exploitation of black slaves and continues to thrive on the exploitation of the poor, both black and white, both here and abroad. — Martin Luther King, Jr.
There's a cushy socialism for the rich and this kind of brutal, merciless capitalism for the poor. — Robert F. Kennedy, Jr.
What really matters from the point of view of social capital and civic engagement is not merely nominal membership, but active and involved membership. — Robert D. Putnam
Monetary policy is about the redistribution of wealth and income from the masses to the classes. — Russell Napier
A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings. — Ludwig von Mises
It is only the ending of capitalism, colonialism, imperialism and neocolonialism and the attainment of world communism that can provide the conditions under which the RACE question can finally be abolished and eliminated. — Kwame Nkrumah
To understand markets, you must first understand people; and to understand people, you must first understand history. — Russell Napier
We know that communism is the right hypothesis. All those who abandon this hypothesis immediately resign themselves to the market economy, to parliamentary democracy-the form of state suited to capitalism-and to the inevitable and 'natural' character of the most monstrous inequalities. — Alain Badiou
The most powerful single force in the world today is neither Communism nor Capitalism, neither the H-bomb nor the guided missile -- it is man's eternal desire to be free and independent. — John F. Kennedy
Things own you. That's the trouble with capitalism. Things own you. With communism and fascism - ideas own you. One idea and you can't have any other. — Frank Capra
Capitalism works. In the end, socialism imploded on itself. Communism imploded on itself. Ultimately jihadism will implode on itself, if we stay in the fight and stay on offense because failed philosophies don't work, there's no future. — Roger Ailes
I dislike Communism because it is undemocratic, and capitalism because it favors exploitation. — Bertrand Russell
But democracy is by no means a limit one may not overstep; it is only one of the stages in the course of development from feudalism to capitalism, and from capitalism to Communism. — Vladimir Lenin
Just as feudalism was an advance over slavery, and capitalism was the next step after feudalism, socialism is the next step after capitalism...........Socialism in America will come through the ballot box. — Gus Hall
Industry has operated against the artisan in favor of the idler, and also in favor of capital and against labor. Any mechanical invention whatsoever has been more harmful to humanity than a century of war. — Remy De Gourmont
Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market. — Janet Napolitano
If capitalism is fair then unionism must be. If men and women have a right to capitalize their ideas and the resources of their country, then that implies the right of men and women to capitalize their labor. — Frank Lloyd Wright
There will soon come an armed contest between capital and labor. They will oppose each other, not with words and arguments, but with shot and shell, gun-powder and cannon. The better classes are tired of the insane howling of the lower strata and they mean to stop them. — William Tecumseh Sherman
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. — Max Weber
The basic economic resource - the means of production -
is no longer capital, nor natural resources, nor labor.
It is and will be knowledge. — Peter Drucker
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. — Leland Stanford
The advantage of a free market is that it allows millions of decision-makers to respond individually to freely determined prices, allocating resources - labor, capital and human ingenuity - in a manner that can't be mimicked by a central plan, however brilliant the central planner. — Friedrich August von Hayek
Capital has its rights, which are as worthy of protection as any other right. — Abraham Lincoln
Work of all kinds is got from poor women, at prices that will not keep soul and body together, and then the articles thus made aresold for prices that give monstrous prices to the capitalist, who thus grows rich on the hard labor of our sex. — Catharine Beecher
Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets. — Paul Craig Roberts
The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state. — John Kenneth Galbraith
In a country of such recent civilization as ours, whose almost limitless treasures of material wealth invite the risks of capital and the industry of labor, it is but natural that material interests should absorb the attention of the people to a degree elsewhere unknown. — Alfred Adler
Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production. — Ludwig von Mises
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. — Henry George
The production of wealth is the result of agreement between labor and capital, between employer and employed. Its distribution, therefore, will follow the law of its creation, or great injustice will be done. — Leland Stanford
[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products. — Benjamin Tucker
It is probably true that business corrupts everything it touches. It corrupts politics, sports, literature, art, labor unions and so on. But business also corrupts and undermines monolithic totalitarianism. Capitalism is at its liberating best in a noncapitalist environment. — Eric Hoffer
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. — William Graham Sumner
The country blacksmith who employs no journeyman is never conscious of any conflict between the capital invested in his anvil, hammer and bellows, and the labor he performs with them, because in fact, there is none. — Leland Stanford
The seeming antagonism between capital and labor is the result of deceptive appearance. — Leland Stanford
Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure. — Louis O. Kelso
The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile. — Robert Gilpin
There is a good deal of solemn cant about the common interests of capital and labor. As matters stand, their only common interest is that of cutting each others throat. — Brooks Atkinson
Firms would be given initial entitlements to gross markup on the basis of past performance, adjusted by changes in labor and capital inputs. This is somewhat similar to the definition of normal profits under some versions of the wartime excess -profits tax. Entitlements would be transferable and a competitive market established. — William Vickrey
My idea is, that if capital and labor are left alone they will mutually regulate each other. People who think they can regulate all mankind and get wrong ideas which they believe to be panaceas for every ill cause much trouble to both employers and employees by their interference. — Jay Gould
Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency. — Ben Bernanke
Labor in this country is independent and proud. It has not to ask the patronage of capital, but capital solicits the aid of labor. — Daniel Webster
The wage earner relies upon the ventures of confident and contented capital. This failing him, his condition is without alleviation, for he can neither prey on the misfortune of others nor hoard his labor. — Grover Cleveland
In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage. — Robert Kuttner
Profit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources. — Walter E. Williams
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. — Leland Stanford
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. — John D. Rockefeller
We have to look at for example the increasing globalization of capital, the whole system of transitional capitalism now which has had an impact on black populations - that has for example eradicated large numbers of jobs that black people traditionally have been able to count upon and created communities where the tax base is lost now as a result of corporations moving to the third world in order to discover cheap labor. — Angela Davis
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. — Fulton J. Sheen
The economic class struggle is a struggle against inessanlty intensified exploitation: not only against the brutal material form of exploitation, capitalism's tendency to reduce wages, and against the class 'techniques' for increasing productivity... but also around the question of the technical-social division of labor that prevails om enterprises, and against bourgeois ideology and repression. — Louis Althusser
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. — Sayings
The consistent anarchist should be a socialist, but a socialist of a particular sort. He will not only oppose alienated and specialized labor and look forward to the appropriation of capital by the whole body of workers, but he will also insist that this appropriation be direct, not exercised by some elite force acting in the name of the proletariat. Some sort of council communism is the natural form of revolutionary socialism in an industrial society. It reflects the intuitive understanding that democracy is largely a sham when the industrial system is controlled by any form of autocratic elite, whether of owners, managers, and technocrats, a vanguard party, or a State bureaucracy. — Noam Chomsky
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. Capital has its rights, which are as worthy of protection as any other rights. — Abraham Lincoln
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. — William Cowper Brann
We're now seeing levels of inequality raise their heads that we haven't seen since the age of the robber barons. If somebody watched The Deuce, and understood the allegory about capital and labor, and understands what happens when one side is vulnerable to the other, that would be swell. — David Simon
In Conclusion
Which quotation resonated with you best? Did you enjoy our collection of labor and capital quotes? Or may be you have a slogan about labor and capital to suggest. Let us know using our contact form.
Citation
Feel free to cite and use any of the quotes in this collection of labor and capital quotations. For popular citation styles(APA, Chicago, MLA), please use this citation page.
