Devices Quote by John Maynard Keynes
“Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.”
About This Quote
Source Book: The General Theory of Employment, Interest and Money, 1936
Mechanization multiplies productivity, allowing fewer workers to accomplish more tasks efficiently.
In simple terms: Machines let fewer people do more work.
Leverage technology for efficiency.
Themes
Mood
Type
When to use this quote
- manufacturing
- service industry
- business strategy
Key Concepts
Questions to Reflect On
- What jobs are most vulnerable to automation?
- How can societies retrain displaced workers?
Overreliance on machines can reduce employment opportunities.