Capital which overreaches for profits; labor which…
“Capital which overreaches for profits; labor which overreaches for wages, or a public which overreaches for bargains will all destroy such other. There is no salvation for us on that road.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Excessive pursuit of profit, wages, or bargains by any group harms all; balance is essential.
In simple terms: Overreaching in economics leads to ruin.
Key Takeaway
Seek economic equilibrium.
Themes
economics
balance
social justice
Mood
concerned
analytical
Type
philosophical
political
When to use this quote
- government policy
- corporate strategy
- labor negotiations
Key Concepts
tragedy of the commons
market regulation
Questions to Reflect On
- What policies promote fair distribution?
- How can stakeholders cooperate?
A Different Perspective
Achieving balance is politically difficult.