The employers cannot carry on industry nor accumulate…
“The employers cannot carry on industry nor accumulate profits if they have not got the good will of the workers or their acquiescence in carrying on such industry.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Industry thrives only with workers' goodwill and consent; without it, profits and production fail.
In simple terms: Workers' support is essential for business success.
Key Takeaway
Earn and keep workers' trust.
Themes
labor
cooperation
economics
Mood
pragmatic
inspirational
Type
economic
labor
When to use this quote
- factory management
- union negotiations
- policy making
Key Concepts
industrial relations
social contract
Questions to Reflect On
- How can employers balance profit and worker satisfaction?
- What mechanisms ensure mutual goodwill?
A Different Perspective
Workers may demand concessions that limit profit margins.