In the present state of human society, however, We deem it…
“In the present state of human society, however, We deem it advisable that the wage-contract should, when possible, be modified somewhat by a contract of partnership, as is already being tried in various ways to the no small gain both of the wage-earners and of the employers. In this way wage-earners are made sharers in some sort in the ownership, or the management, or the profits.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Advocates shifting wage contracts toward partnership models for mutual benefit.
In simple terms: Suggests partnership contracts for workers and employers.
Key Takeaway
Promote shared ownership and profit sharing.
Themes
labor rights
economics
social justice
partnership
profit sharing
Mood
thoughtful
hopeful
Type
political
economic
When to use this quote
- business negotiations
- union talks
- policy reforms
Key Concepts
co‑ownership
fair wages
industrial democracy
Questions to Reflect On
- How can partnership models be fairly structured?
- What safeguards protect both parties?
A Different Perspective
Implementation can be complex.