We want to get full value out of labour so that we may be…
“We want to get full value out of labour so that we may be able to pay it full value. It is use - not conservation - that interests us.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Labor should be compensated fully for its contribution; the focus is on utilization, not preservation.
In simple terms: Pay workers fully for their work.
Key Takeaway
Ensure fair wages.
Themes
economics
labor
fairness
Mood
reflective
analytical
Type
advice
philosophical
When to use this quote
- wage negotiations
- policy making
- human resources management
Key Concepts
value creation
compensation
utilization
Questions to Reflect On
- How can firms balance full pay with profitability?
- What are the long‑term effects of full labor valuation?
A Different Perspective
May ignore broader economic impacts of high wages.