Best economy & labor Quotes | Short & Famous Sayings

“The fact is whether one looks at this [outsourcing] in terms of men and women, working men and women in this country who are simply being screwed, or whether one looks at this in terms of corporations who are benefiting, the fact is it is certainly not helping the American economy.”

Men Looks Country Facts Helping Term Economy Men And Women Labor Corporations Working Man Outsourcing American Economy

Author:Lou Dobbs

“Labor was marching toward the goal of industrial democracy and contributing constructively toward a more rational arrangement of our domestic economy.”

Goal Economy Democracy Labor Rational Arrangements Contributing

Author:John L. Lewis

“Nearly one billion women and men, a third of the world's workforce, are either unemployed or unable to earn enough to keep themselves out of extreme poverty. There are 100 million new entrants into the labour market each year. Up to 90 percent in some regions are in the informal economy. 180 million kids are engaged in the worst forms of child labour. Put it all together and it is not only morally unacceptable, but politically dangerous”

“Workers do not strike every day, they cannot do that the way they function in the capitalist economy. The way they have to live by selling their labor power makes that impossible.”

Way Economy Impossible Labor Function Workers Strikes Selling Live By Capitalist Capitalist Economy

Book:Revolutionary Marxism and social reality in the 20th century: collected essays

Source: Revolutionary Marxism and social reality in the 20th century: collected essays

“The free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?”

“The biggest threat to the American people today lies with the United States government. ... [T]he long-term solution is to dismantle, not reform, the iron fist of the welfare state and the controlled economy. This includes the end (not the reform) of the IRS, the DEA, the BATF, the SEC, the FDA, HUD, the departments of HHS, Labor, Agriculture, and energy, and every other agency that takes money from some and gives it to others or interferes with peaceful behavior.”

“There'll be some savings from preventing double dipping by public servants which are currently able to access not one but two fully tax payer funded schemes and of course there will be out paid parental leave levy. So all up not only is this an important economic reform, an important reform to have to grow our economy more strongly, it also will leave the budget better off which will help us fix the mess that Labor has created with the budget.”

“It's a question of not so much pushing the boys out of the picture, but making the whole frame bigger so that both men and women access the labor market, contribute to the economy, generate growth, have jobs, and so on.”

Men Whole Jobs Growth Boys Economy Men And Women Labor Bigger Access Pushing

Author:Christine Lagarde

“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.”

Stills States Economy Economic Labor Our Time Enterprise Free Enterprise Dialectics

Book:Economics in Perspective: A Critical History

Source: Economics in Perspective: A Critical History

“When people live in the full light of an open society, paying their taxes, abiding by the rules, that makes not only our country safer and more secure because people are not relegated to living in the shadows and not creating underground economies, it also is better for wages because the fact that people are working on the books in the open means that there's greater demand for labor and you don't have this submarket.”

People Mean Book Country Facts Light Economy Greater Demand Taxes Creating Shadow Labor Our Country Secure Wages Abiding

Author:Martin O'Malley

“To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.”

War Moving Political Party Struggle Economy Economic Policy Broken Needed Demand Labor Overcoming Independent Unions Practicals Giants Sophisticated Tactics Economic Power Slumps

Author:C. Wright Mills

“When the press writes scare stories about the global labor supply draining jobs from rich to poor places, the story is usually presented as a "race to the bottom" simply in terms of wages. Capitalism supposedly looks for labor wherever labor is cheapest. This story is half wrong. A kind of cultural selection is also at work, so that jobs leave high-wage countries like the United States and Germany, but migrate to low-wage economies with skilled, sometimes overqualified workers.”

Source: The Culture of the New Capitalism

“The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.”

Real Problem Lying Ability Economy Serious Labor Essence Financial Debt Saving Spheres Factories Bubbles Estates Savings Overhead Bond Market

Author:Michael Hudson

“Emancipation of human labor from economic servitude and exploitation, i.e., from organizations of production in which the conditions of work are determined by a master class who own the means of production, and in which the fruits of work are alienated from workers to the benefit of masters.”

Humans Mean Wisdom Politics Class Economy Economic Conditions Masters Benefits Labor Organization Fruit Workers Productions Determined Liberalism Exploitation Emancipation Servitude

Author:Mortimer Adler

“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.”

Source: Reveille for Radicals

“In the form of security and sufficiency for the men who labor to the profit of others, and in the form of registering and controlling them in the form of an organized public supervision of their labor, slavery is already afoot. When slavery shall succeed it will succeed through the acquiescence of those who will be enslaved, for they will prefer sufficiency and security with enslavement, to freedom, responsibility, insecurity and the threat of insufficiency.”

Source: Essays of a Catholic

“Since it is to the advantage of the wage-payer to pay as little as possible, even well-paid labor will have no more than what is regarded in a particular society as the reasonable level of subsistence. The lower ranks of labor will commonly have less, and if public relief were afforded even up to the wage-level of the lowest ranks of labor, that relief would compete in the labor market; check or dry up the supply of wage-labor. It would tend to render the performance of work by the wage-earner redundant.”

Ifs Wells Littles Politics Levels Pay Economy Particular Advantage Labor Performances Paid Checks Dry Liberalism Reasonable Relief Lowest Subsistence Redundant Dry Up

Author:Hilaire Belloc

“Wherever the Industrial system has reached its second generation it is threatened by two mortal perils. The first is the demand by an organized proletariat for sustenance without relation to the product of its labor; a demand which threatens the very existence of PROFIT (on the necessary presumption of which Capitalism reposes). The second, and immediately graver danger is that of a revolt for the confiscation of the means of production.”

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

Wisdom Politics Economy Gains Labor Tyranny Liberalism Trading

Author:Louis D. Brandeis

“Thus a new way of finding fluidity will inevitably be imposed on management and labor alike. The profit-sharing, or "progress" sharing union contract is the only possible way of satisfying labor and the consumer without saddling industry with fixed costs that in depression periods can kill off marginal companies like flies.”

“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.”

Wisdom Politics Economy Failing Conditions Labor Rely Liberalism Misfortunes Venture Prey Rely Upon Misfortunes Of Others

Book:Special message, August 8th, 1893. Extract from third annual message, December 2nd, 1895

Source: Special message, August 8th, 1893. Extract from third annual message, December 2nd, 1895

“A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood on its head.”

Politics Economy Theory Labor Liberalism Crackpots

Author:Milton Friedman

“U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.”

Men Mean Politics Realizing Hours Wealth Leader Economy Industry Research Labor Direct Bases Competition Liberalism Buying Wages Automation Multiplying Buying Power

Author:R. Buckminster Fuller

“American labor will realize that its function is not to increase jobs, but to multiply the wealth and to expand the numbers benefited by the wealth at the swiftest possible rate.”

Jobs Politics Realizing Wealth Numbers Economy Labor Function Increase Rate Liberalism

Author:R. Buckminster Fuller

“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.”

“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.”

Way Mean Persons Found Politics Goal Economy Labor Bases Management Workers Profit Liberalism Etc Owners Ownership Entitled Great Work Joints

Author:Pope John Paul II

“If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.”

Ifs Mean Wisdom Politics Individual Goal Wealth Levels Economy Produce Labor Bases Income Liberalism Productive Input Affluent

Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.”

Ideas Wisdom Politics Economy Source Labor Secure Liberalism Capitalist Affluence Subsistence

Author:Louis O. Kelso

“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.”

Way Needs Wisdom Able Politics Economy Labor Liberalism Ownership

Author:Louis O. Kelso

“Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.”

Wells Wisdom Form Politics Economy Labor Responsible Property Various Income Liberalism Owners Wages Private Property Bankruptcy Electronics Purchasing Purchasing Power Bookkeeping

Author:Louis O. Kelso

“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?”

Wisdom Jobs Purpose Politics Technology Economy Labor Function Liberalism Formation

Author:Louis O. Kelso

“Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest ingenuity to avoid servile labor.”

Men Use Wisdom Politics Technology Economy Highest Labor Rate Productions Burden Factors Liberalism Shifting Ingenuity

Author:Louis O. Kelso

“The idea that full employment without property ownership will solve the world's problems is utter nonsense. The Keynesian concept that the function of capital is merely to amplify labor, not independently produce wealth is simply blindness.”

World Ideas Problem Wisdom Politics Wealth Economy Produce Concepts Labor Function Property Solve Employment Liberalism Nonsense Ownership Blindness Amplify Property Ownership

Author:Louis O. Kelso

“The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be.”

Humans Two Important Wisdom Politics Economy Labor Productions Factors Liberalism Distinction Ownership Free Society Factors Of Production

Author:Louis O. Kelso

“The primary cause of disorder and lawlessness today, as throughout history, is the poverty of the many in contrast to the affluence of the few. But a new element of unrest has been added: a growing awareness that mass poverty is caused by defective institutions that prevent our harnessing the physical capabilities of science, engineering, management and labor to create general affluence; in other words, a growing awareness that poverty in any country that is or can be industrialized, is man's not nature's fault.”

“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.”

Way Needs Wisdom Today Able Used Purpose Politics Born Pay Economy Labor Logic Instruments Investing Available Saved Finance Liberalism Acquire Fund Ownership

Author:Louis O. Kelso

“The rising productivity of labor is a myth, a statistical illusion created by measuring combined output in terms of labor input.”

Wisdom Politics Term Economy Illusion Labor Myth Productivity Rising Liberalism Input Measuring Output

Author:Louis O. Kelso

“Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.”

Two Problem Wisdom Politics Results Economy Clear Economic Economics Labor Income Factors Liberalism Productive Thinker Distribution Economic Problems

Author:Louis O. Kelso

“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.”

“The owners of labor, on the other hand, are being taught, by the most powerful and well-publicized examples, that the highest rewards are not for production, but for the employment of organized power to take over a share of what others produce.”

Source: The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings

“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.”

Wisdom Politics Lines Economy Economic Capable Labor Institutions Workers Productions Liberalism Distinction Owners Parasites

Book:Democracy and Economic Power: Extending the ESOP Revolution through Binary Economics

Source: Democracy and Economic Power: Extending the ESOP Revolution through Binary Economics

“... giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed.”

Giving Wisdom Jobs Politics Company Economy Taxes Labor Increase Bills Productivity Employment Liberalism Ownership Emergencies Incentives

Author:Jack Kemp

“We have seen that this great labor question cannot be solved save by assuming as a principle that private ownership must be held sacred and inviolable. The law, therefore, should favor ownership, and its policy should be to induce as many as possible of the people to become owners.”

People Should Wisdom Law Politics Principles Economy Policy Labor Sacred Assuming Favors Liberalism Owners Ownership

Book:The Pope and the People: Select Letters and Addresses on Social Questions

Source: The Pope and the People: Select Letters and Addresses on Social Questions

“In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.”

Firsts May Two Wisdom Might Three Courses Politics Social Class Economy Middle Century Source Labor Twenties Income Liberalism Minorities Middle Class Affluent

Author:Michael Lind

“Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.”

“Centralize property in the hands of a few and the millions are under bondage to property - a bondage as absolute and deplorable as if their limbs were covered with manacles. Abstract all property from the hands of labor and you thereby reduce labor to dependence; and that dependence becomes as complete a servitude as the master could fix upon his slave.”

Ifs Wisdom Hands Politics Millions Economy Masters Labor Absolutes Property Slave Abstract Liberalism Covered Dependence Bondage Limbs Servitude

Author:Lewis Henry Morgan

“Today it is difficult to find leaders who are independent of the forces that have brought us our problems: The Congress, the bureaucracy, the lobbyists, big business, and big labor.”

Problem Wisdom Bigs Today Politics Force Difficult Leader Economy Labor Independent Congress Liberalism Bureaucracy Big Business Lobbyists

Author:Ronald Reagan

“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.”

Men Values Politics Economy Industry Labor Errors Agents Operations Analysis Liberalism

Author:Jean-Baptiste Say

“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.”

Wisdom Politics Principles Economy Labor Prosperity Betrayal Communism Liberalism Marxism Reconcile Basic Principles

Author:Fulton J. Sheen

“Men work harder and more readily when they labor on that which is their own.”

Men Politics Economy Hard Work Labor Harder Liberalism Work Harder

Author:Fulton J. Sheen

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