“Faced with such insecurity, labor unions seek a solution in demands for higher wages, shorter hours, pensions, and such things. But this approach takes monopolistic capitalism for granted, and accepts the unnatural division between property and responsibility as permanent. A much more radical solution is apt to come, and this may take either of two forms.” MayTwoWisdomFormPoliticsHoursResponsibilityAcceptingEconomyHigherDemandApproachSolutionsCapitalismLaborPropertyUnionsGrantedRadicalPermanentLiberalismInsecurityDivisionWagesUnnaturalPensionLabor Union Author:Fulton J. Sheen
“Nothing disturbs me more than the downward trend of productivity in our nation today. The consequences of a decrease in productivity are a diminished standard of living, higher labor costs, less competitive prices, and more inflation.” WisdomTodayPoliticsNationsEconomyHigherCostStandardsConsequenceLaborProductivityLiberalismTrendsInflationDecreaseStandards Of Living Author:Robert S. Strauss
“Synthetic Worlds is a surprisingly profound book about the social, political, and economic issues arising from the emergence of vast multiplayer games on the Internet. What Castronova has realized is that these games, where players contribute considerable labor in exchange for things they value, are not merely like real economies, they are real economies, displaying inflation, fraud, Chinese sweatshops, and some surprising in-game innovations.” WorldBookRealPoliticalValuesGamesSocialEconomyIssuesPlayerEconomicInternetLaborInnovationProfoundChineseFraudSurprisingInflationEmergenceSyntheticEconomic IssuesSweatshops Author:Tim Harford
“American working men are principals in the three-member team of capital, management, labor. Never have they regarded themselves as a servile class that could attain freedom only through destruction of the industrial economy.” MenAmericaThreeClassEconomyTeamMembersLaborDestructionManagementPrincipalWorking Man Author:Dwight D. Eisenhower
“The developments in the North were those loosely embraced in the term modernization and included urbanization, industrialization,and mechanization. While those changes went forward apace, the antebellum South changed comparatively little, clinging to its rural, agricultural, labor-intensive economy and its traditional folk culture.” LittlesCultureTermEconomyChangedDevelopmentLaborSouthFolksTraditionalClingingIndustrializationModernizationMechanizationUrbanizationAntebellum Author:C. Vann Woodward
“When you have a country that can boast that more than 95 percent of its eligible workforce is employed and pumping money back into economy, that's exceptionally good news, especially as we prepare to observe Labor Day.” CountryEconomyNewsPercentLaborEmployedGood NewsBoastWorkforceLabor Day Author:J. D. Hayworth
“The whole economy of this lower world proves that it is by labor and perseverance only that good is obtained and evil is avoided.” WorldWarWholeEvilEconomyProveLaborPerseveranceAvoided Author:Patrick Henry
“In the name of economy a thousand wasteful devices would be invented; and in the name of efficiency new forms of mechanical time-wasting would be devised: both processes gained speed through the nineteenth century and have come close to the limit of extravagant futility in our own time. But labor-saving devices could only achieve their end-that of freeing mankind for higher functions-if the standard of living remained stable. The dogma of increasing wants nullified every real economy and set the community in a collective squirrel-cage.” IfsWantRealEndsWould BeFormNamesProcessCommunityEconomyAchieveMankindCenturyHigherThousandLimitsStandardsLaborFunctionSpeedSavingCollectivesDevicesWasting TimeStableDogmaEfficiencyConsumerismCagesNineteenth CenturyFutilityOverconsumptionExtravagantStandards Of LivingSquirrels Author:Lewis Mumford
“The de industrialization of the US. economy based on the migration of corporations into third world areas where labor is very cheap and thus more profitable for these companies creates on the one hand conditions in those countries that encourage people to emigrate to the US. in search of a better life. On the other hand, it creates conditions here that send more black people into the alternative economies, the drug economies, women into economies in sexual services, and sends them into the prison industrial complex.” PeopleWorldCountryHandsBlackCompanyEconomyConditionsDrugAreasLaborThirdsPrisonComplexesAlternativesCorporationsBlack PeopleBetter LifeProfitableThird WorldMigrationIndustrialization Author:Angela Davis
“In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence of market cooperation.” PeopleMeanEndsUseEconomyAchieveLaborEssenceDivisionCooperationMarket EconomySpecialization Author:Stephan Kinsella
“If you divorce capital from labor, capital is hoarded, and labor starves.” IfsWisdomPoliticsMoneyEconomyLaborDivorceLiberalism Author:Daniel Webster
“The disgraceful and shameful construction of walls, the increasing enforcement of security systems and increasing violation of human rights and labor rights will not protect the economy of the United States.” HumansStatesUnitedUnited StatesEconomyRightsSecurityWallProtectLaborHuman RightsConstructionEnforcementViolationShamefulDisgracefulSecurity SystemsViolation Of Human Rights Author:Vicente Fox
“The spirit of commerce is frugality, economy, moderation, labor, ponderance, tranquillity, order, and rule. So long as this spirit subsides, the riches it produces have no bad effect. The mischief is when excessive wealth destroys the spirit of commerce, then it is that the conveniences of inequality... are felt.” LongSpiritOrderFeltWealthEconomyEffectsProduceLaborRichesInequalityCommerceModerationConvenienceMischiefFrugalityTranquillity Author:Baron de Montesquieu
“Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.” MeanDoeIndividualSocialSimpleAnswersEconomyLaborDivisionCooperationFree MarketMarket EconomyDivision Of LaborSocial Division Author:Ludwig von Mises