Capitalism Quote by Abraham Lincoln
“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
About This Quote
Source Speech: Labor Day Address, 1865
Labor creates value; capital depends on labor’s effort.
In simple terms: Labor is the source of wealth.
Key Takeaway
Respect workers.
Themes
economics
labor
capital
Mood
reflective
serious
Type
historical
political
When to use this quote
- policy making
- business planning
Key Concepts
value creation
social hierarchy
Questions to Reflect On
- How does labor shape society?
- What policies honor labor?
A Different Perspective
Capital can also drive innovation.
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