Business Quote by David Ricardo
“There is no way of keeping profits up but by keeping wages down…”
About This Quote
Source Treatise on Political Economy, David Ricardo, 1817
Profits rise only by suppressing wages, linking employer gain to worker loss.
In simple terms: Profits increase by keeping wages low.
Balance fair wages with sustainable profit.
Themes
Mood
Type
When to use this quote
- business strategy
- policy making
- union negotiations
- salary planning
Key Concepts
Questions to Reflect On
- How can businesses grow without cutting wages?
- What policies protect workers while maintaining profit?
Lower wages can reduce consumer spending and growth.