Richard Wagner Quotes


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This practice which was considered immoral, unethical, and harmful to society in 1938 was considered sound business 60 years later with globalization. In 1938 a minority of Americans argued that the practice was desirable; in 1998 a minority thought that the practice was harmful.


This is not a common quotation from Thoreau. The great man for whom the establishment had so much respect had a very anti-capitalist streak. His view is that the employer will generally never pay his laborers a fair wage. Instead he will pay the laborer the lowest rate for which he can obtain the laborers services. If the laborer generates added value for his wage, the employer is in a zero sum game with the laborer. If part of the added value—the profit is paid to the laborer, the employer does not have it for himself (or his stockholders). In most cases, the laborer is forced to work for his and his family’s subsistence. This theory argues that they only way the laborer will get a fair wage is if there is a labor shortage (assuming no government laws or union pressure is in the picture. Many capitalists argue that a “fair” wage is what a free man is willing to work for and a free employer is willing to pay. So economics is like politics in general with respect to fairness—there is no universally accepted definition of what is fair.


This quotation is noteworthy because it documents the mental breakdown that the great labor leader went through in his later years. He loved the workers and they loved hum. However, as he got older, he was more isolated with his personal staff and became paranoid—a problem that many highly charismatic leaders had towards the end of their careers.


Richard Wagner
Richard Wagner
  • Born: May 22, 1813
  • Died: February 13, 1883
  • Nationality: German
  • Profession: Composer

Wilhelm Richard Wagner was a German composer, theatre director, polemicist, and conductor who is chiefly known for his operas (or, as some of his mature works were later known, "music dramas"). Unlike most opera composers, Wagner wrote both the libretto and the music for each of his stage works. Initially establishing his reputation as a composer of works in the romantic vein of Carl Maria von Weber and Giacomo Meyerbeer, Wagner revolutionised opera through his concept of the Gesamtkunstwerk ("total work of art"), by which he sought to synthesise the poetic, visual, musical and dramatic arts, with music subsidiary to drama. He described this vision in a series of essays published between 1849 and 1852. Wagner realised these ideas most fully in the first half of the four-opera cycle Der Ring des Nibelungen (The Ring of the Nibelung).