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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.” quote by James Surowiecki
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“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.”

James Surowiecki

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.

Key Takeaway

Recognize asset influence in economic dynamics.

Themes

economics power inequality

Mood

analytical critical

Type

economical insightful

When to use this quote

  • investment decisions
  • policy making
  • business strategy
  • union negotiations

Key Concepts

asset ownership value creation labor relations

Questions to Reflect On

  • How can labor gain leverage beyond assets?
A Different Perspective

What about intangible assets like data?

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