Care Quote by Warren Buffett
“Generally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.”
About This Quote
Source Speech: Annual Shareholder Meeting, Warren Buffett, 2020
Productivity gains have outpaced work hours, but rising output must benefit low‑income workers on standard schedules.
In simple terms: More output per hour, yet many still struggle financially.
Key Takeaway
Design policies that share productivity gains with workers.
Themes
economics
fairness
productivity
labor
policy
Mood
concerned
optimistic
Type
policy
economic
When to use this quote
- business strategy
- government regulation
- family budgeting
Key Concepts
capitalism
income inequality
living wages
Questions to Reflect On
- How can societies ensure fair distribution of productivity gains?
- What policies could support families on a 40‑hour week?
A Different Perspective
Higher output does not automatically improve living standards for all.
