Quotessence
Home / Quotes / Quote by Walter Reuther

Quote by Walter Reuther

“We believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.”

Quote by Walter Reuther

Create image

Author

Walter Reuther
Walter Reuther

Walter Reuther was a significant figure in the field of 【Category/Profession】. Born on September 1, 1907, and passed away on May 9, 1970, he made notable contributions during his lifetime. His experiences and achievements are detailed in the following sections. more

You May Also Like

“The last point for consideration is the supposed disposition of the people to interfere with the rights of property. So essential does it appear to me, to the cause of good government, that the rights of property should be held sacred, that I would agree to deprive those of the elective franchise against whom it could justly be alleged that they considered it their interest to invade them.”

PeopleShouldDoeWisdomGovernmentLastsPoliticsCausesInterestEconomyRightsEssentialsAgreeSacredPropertyLiberalismConsiderationInterfereDisposition
Book:The Works of David Ricardo ...
Create image

“Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.”

WayWisdomPurposePoliticsGrowthEconomyEconomicAchieveFindingsApproachMethodSpreadLimitationLiberalismOur SocietyOwnershipNew WaysDistributionTaxation
Book:The second American revolution: some personal observations
Create image

“Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.”

IfsWayMeanWisdomFoundPoliticsGrowthTermPayCompanyEconomySuccessfulHappenedEconomicApproachCommitmentProductionsLiberalismEmployeeOwnershipDeficiencyEconomic SystemsMoraleDividendsFuture GrowthEsops
Author:John D. Rockefeller
Create image

“Let us not confuse objectives with methods. Too many so-called leaders of the nation fail to see the forest because of the trees. Too many of them fail to recognize the vital necessity of planning for definite objectives. True leadership calls for the setting forth of the objectives and the rallying of public opinion in support of these objectives.”

WisdomPoliticsNationsLeaderOpinionSupportEconomyFailingTreeMethodPlanningSettingForestsObjectivesSettingsLiberalismDefinitePublic OpinionTrue LeaderTrue LeadershipRallying
Author:Franklin D. Roosevelt
Create image

“Do not confuse objectives with methods. When the nation becomes substantially united in favor of planning the broad objectives of civilization, then true leadership must unite thought behind definite methods.”

WisdomPoliticsNationsUnitedBehindsEconomyCivilizationMethodFavorsPlanningObjectivesLiberalismBroadsDefiniteTrue LeaderTrue Leadership
Book:Public Papers of the Presidents of the United States: F.D. Roosevelt, 1937, Volume 6
Create image

“We need enthusiasm, imagination and the ability to face facts, even unpleasant ones, bravely. We need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer. We need the courage of the young. Yours is not the task of making your way in the world, but the task of remaking the world which you will find before you. May every one of us be granted the courage, the faith and the vision to give the best that is in us to that remaking!”

IfsWorldWayNeedsGivingMayMeanFactsWisdomFacesYoungSufferingPoliticsImaginationAbilityVisionEconomyEconomicTasksFaultsEnthusiasmGrantedLiberalismEconomic SystemsCorrectingDrastic
Author:Franklin D. Roosevelt
Create image

“The good citizen will demand liberty for himself, and as a matter of pride he will see to it that others receive the liberty which he thus claims as his own. Probably the best test of true love of liberty in any country is the way in which minorities are treated in that country. Not only should there be complete liberty in matters of religion and opinion, but complete liberty for each man to lead his life as he desires, provided only that in so doing he does not wrong his neighbor.”

MenWayShouldDoeCountryMatterWisdomDesirePoliticsLibertyOpinionEconomyPrideCitizensDemandTestsClaimsNeighborTreatedLiberalismMinoritiesGood Citizen
Author:Theodore Roosevelt
Create image