Capital must work, as it were, in concert with industry…
“Capital must work, as it were, in concert with industry; and this concurrence is what I call the productive agency of capital.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Capital should cooperate with industry, creating a productive partnership that drives economic growth.
In simple terms: Capital works best when aligned with industry.
Align capital with industry goals.
Themes
Mood
Type
When to use this quote
- investment decisions
- business strategy
- government economic policy
Key Concepts
Questions to Reflect On
- How can capital‑industry alignment be made equitable?
- What safeguards prevent exploitation?
May ignore social or environmental impacts.