Assets Quote by James Surowiecki
“In the struggle between capital and labor, more often than not capital has won, because the real source of value for most companies has historically been the hard assets that they owned and controlled.”
About This Quote
Source Book: The Wisdom of Crowds, 2004
Capital often dominates labor because value is tied to owned assets, not just human effort.
In simple terms: Assets give capital power over labor.
Recognize asset influence in economic dynamics.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy making
- business strategy
- union negotiations
Key Concepts
Questions to Reflect On
- How can labor gain leverage beyond assets?
What about intangible assets like data?