Stephen Vizinczey Quotes


Like all wage slaves, he had two crosses to bear: the people he worked for and the people he worked with


Citations

Vizinczey, Stephen. An Innocent Millionaire. McClelland and Stewart, 1983.

Related Quotes

Jefferson was one of the first political and economic thinkers to express concern over the “wage slave” concept of the industrial revolution. This was one of the major reasons that he was not in consonance with Alexander Hamilton in his economic vision for America. While we followed the Hamilton direction, there are still issues of maintaining freedom and independence for an employee in modern nations and economies.


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.


Sinclair had written an expose of the meat packing industry – the Jungle – which used as its setting the Armour meat packing factory. It changed the way the public thought about the industry, the role of government and regulation. President Roosevelt took up the reform role, and got Congress to Regulate the quality and cleanliness of the meat packing industry. Sinclair, however not only wanted that reform, but also wanted the labor wages and conditions reformed. He referred to the Armour plant as the fortress.


The doctrine of the Southern Cotton industry before the Civil War was that Capital should not only use labor and control labor, but that in true capitalism, Capital should own labor—slavery. This Southern hostility towards labor rights and organized labor was derived from this extremist view of capitalism.


This fascinating quotation is very frequently quoted out of context. For example even in modern times some Southern slavery apologists quote this passage stating that Adams saw no moral difference between slavery and employment of the lower classes. And anti-capitalists have claimed that this was an attack on capitalism as no better than slavery for many workers. Neither is true. The debate was on the head taxes that states should pay to the central government. Southerners were claiming that they should not have to pay per person taxes on slaves. Adams position was that they should pay in that there is no practical difference in the work and working conditions very often. If slaves should be exempted from the head tax, so should the poor, lower class workers like the fisherman in New England. He always maintained at huge moral difference between a poor free worker and a slave even thought their working conditions might be similar.


Stephen Vizinczey
Stephen Vizinczey
  • Born:
  • Nationality: Hungarian
  • Profession: Author

Stephen Vizinczey, originally István Vizinczey (born 1933, in Káloz, Hungary), is an author and writer.