Agreement Quote by Leland Stanford
“The production of wealth is the result of agreement between labor and capital, between employer and employed. Its distribution, therefore, will follow the law of its creation, or great injustice will be done.”
About This Quote
Source Speech: Economic Thought, Leland Stanford, 1885
Wealth emerges when labor and capital cooperate; distribution should mirror creation, otherwise injustice follows.
In simple terms: Wealth comes from labor‑capital cooperation; fairness requires matching distribution.
Key Takeaway
Ensure fair sharing of created wealth.
Themes
economics
justice
labor‑capital relations
Mood
analytical
critical
Type
philosophical
inspirational
When to use this quote
- business negotiations
- government policy
- union discussions
Key Concepts
fair distribution
economic policy
social equity
Questions to Reflect On
- How can we enforce equitable distribution?
- What mechanisms prevent exploitation?
A Different Perspective
Power imbalances can distort fairness.
![“Look at what I am proposing, and we [wih Bernie Sanders] have a vigorous agreement here. We both want to reign in the excesses of Wall Street. I also want to reign in the excesses of Johnson Controls that we bailed out when they were an autoparts company, and we saved the auto industry, and now…” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/ea8/hillary-clinton-51_agreement_look-at-what-i-am-proposing-and-we-wih-b_49820.jpg)
