All the great establishments, of every kind, now in the…
“All the great establishments, of every kind, now in the hands of a few proprietors, but employing a great number of wage laborers, would be broken up; for few or no persons, who could hire capital and do business for themselves would consent to labour for wages for another.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Concentration of ownership leads to wage labor dominance, limiting independent entrepreneurship.
In simple terms: Few own capital, many work for wages.
Key Takeaway
Promote broader capital access.
Themes
economics
labor
capitalism
Mood
critical
thoughtful
Type
analytical
concerned
When to use this quote
- policy reform
- education
- community investment
Key Concepts
ownership
class
entrepreneurship
Questions to Reflect On
- How can societies reduce capital concentration?
- What barriers prevent wage workers from becoming owners?