we often observe that there is abundance of capital to be…
“we often observe that there is abundance of capital to be had at low rates of interest, while there are also large numbers of artisans starving for want of employment.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Abundant cheap capital coexists with widespread unemployment among skilled workers.
In simple terms: Capital is cheap but jobs are scarce.
Key Takeaway
Address structural unemployment.
Themes
economics
labor
capital
inequality
Mood
concerned
analytical
Type
economic
critical
When to use this quote
- policy making
- business strategy
- education reform
- social safety nets
Key Concepts
Supply and demand
market failure
technological displacement
Questions to Reflect On
- How can economies create jobs when capital is cheap?
- What policies can balance capital abundance with labor needs?
A Different Perspective
Capital alone does not guarantee employment for all.