Robert Kiyosaki Quotes
Workers work hard enough to not be fired, and owners pay just enough so that workers won't quit.
Kiyosaki, Robert T. Rich Dad Poor Dad. Warner Books, 2000, p. 120.
In 1877 Wasburn was dropped from the List of Ministers by the Unitarian Church. He had become quite atheistic.
At the time, it did seem impossible that labor and capital would ever have harmonious relations. But the notion that slavery would solve the problem is as preposterous as anything ever entered into the American political dialogue. But there were many in the South, and some in the North, who actually believed it. Even 150 years later, while labor and capital relations were much better than pre Civil War, they still could not be described as “harmonious” or “friendly”.
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.
At the time, industrialists could not even conceive of the notion of negotiating over wages must less collective bargaining.
Robert Toru Kiyosaki is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
