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Labor Quotes

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public services and undertakings. Private enterprise on the other hand naturally induces the owner to work with the greatest economy in his own interest.”

“Today you have a situation where now the prescription is: People who donÂ’t have enough money to buy food should end up paying for their drinking water. That is going to be the kind of situation in which you will get more child labor. You will get more exploitation of women. YouÂ’re going to get an absolutely exploitative economy as the very basis of living becomes a source of capital accumulation and corporate growth. In fact, the chief of Coca-Cola in India said: “Our biggest market in India comes from the fact that there is no drinking water left. People will have to buy Coca-Cola.”

“Much of the criticism of economic globalization has centered on factory labor abuses. But the majority of the world's poor are not employed in factories; they are self-employed - as peasant farmers, rural peddlers, urban hawkers, and small producers, usually involved in agriculture and small trade in the world's vast "informal" economy .”

“Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.”

“Socialist economy cannot reject the huge advantages of the world division of labor: on the contrary, it will carry it to the highest development. But in practise, it is not a question of the future socialist society, with an established internal equilibrium, but of the given technically and culturally backward country which in the interests of industrialisation and collectivization is forced to export as much as possible in order to import as much as possible.”

“I wouldn't necessarily assume that because Capricornia has traditionally been a Labor seat, that it'll go back to the Labor Party this time because the big issue in Capricornia which is based on the city of Rockhampton is the fact that the economy is - the regional economy is in a poor shape as a result, in particular of the decline of the mining industry and they are looking to the Carmichael mine, the Adani project as containing all of the prospects that they see for their future and that is why people in Rockhampton are very, very fearful of a Labor-Greens government.”

“We want people to take care of themselves. We want people to provide for themselves. We want people to enjoy the fruits of their labors. We want people to enjoy reaching out and making their dreams come true. We want people to realize their life's dreams and passions. You need a growing economy for this.”

“Labor unions have a long history of benefitting all workers, even those who are not members of unions, because everyone's wages go up. If we don't increase membership - and membership in labor unions is going down because of the attacks against organized labor - it's something every single American, whether they're officially in a union or not, should be concerned about. It's a spiral. It's a weakening of the middle class and our economy can't sustain that.”

“I often think that the reason capitalism hasn't completely destroyed everything is that a huge amount of anti-capitalist endeavor goes on, from labors of love, nurture, friendship, and barter to gift economies and different kinds of exchanges, not just one alternate model but a whole host of other ways in which we engage with each other and with the world that aren't financial and debt-based.”

“Globalization in part means that a lot of people are walking into the room and in some cases becoming influential or even dominant voices in the conversation. Sometimes they are like party-crashers coming in and pushing people around, scooping up the valuables and eating up the food in the frig - bribing political leaders, undermining traditional economies and the ways of life that are interwoven with them, replacing them with new economic models that effectively exploit developing countries for their labor and resources.”

“Housing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.”

“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.”

“Labor party wants to make the economy fairer for everybody with a new industrial strategy and by investing in different parts of the UK. And we are not following the cynical approach of saying: Young people don't usually vote so we don't have to make any offer to them. But to succeed, we need a progressive future partnership with the EU. It is not easy, but I genuinely think it is possible to do. And I want Labour in power to do it, because the damage that is being done is profound.”

“For a long time, early industrializing countries were absorptive. They were endlessly able to absorb new labor inputs to keep expanding. This was both an economics and a worldview. Here in the United States, we have the Statue of Liberty sitting in the harbor in New York, which says in huge letters, We stand for absorptive capital. A poetic version: "Give me your tired, your poor, your huddled masses." But what it means is, Come here, we'll absorb you. We absorb these inputs and add them to our growing economy, and we manage this with liberal democracy.”

“‎We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.”

“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.”

“The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it's like dinosaurs gathering to talk about the evolution of a new generation of mammals.”