Labor Compensation Quotes

Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective parts in the production of surplus value must find expression in a modification of the prices.

In a socialist society, everybody is obliged to work even though he is remunerated for his labor and not yet according to his needs, but according to the quantity and quality of the labor expended.

The pace of increases in labor compensation provides another possible indicator, albeit an imperfect one, of the degree of labor market slack.

Of course, it is not the employer who pays wages. He only handles the money. It is the product that pays wages and it is the management that arranges the production so that the product may pay the wages.

To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.

It has happened, in all ages of the world, that some have labored and others have, without labor, enjoyed a large proportion of the fruits. This is wrong and should not continue. To secure to each laborer the whole product of his labor, or as nearly as possible, is a worthy object of any good government. That's my platform, but when the average Republican leader in the East hears it, he thinks I am quoting from Karl Marx. I did quote it, but not from Karl Marx. I quoted it from Abraham Lincoln.

It is the advertiser who provides the paper for the subscriber. It is not to be disputed, that the publisher of a newspaper in this country, without a very exhaustive advertising support, would receive less reward for his labor than the humblest mechanic.

The personality problem is so tough when you're not able to pay people. It's bad enough when you can pay people, but, when you have people working for free, often their motivation is diminished considerably.

The difference between us is, that our slaves are hired for life and well compensated; there is no starvation, no begging, no want of employment among our people, and not too much employment either. Yours are hired by the day, not care for, and scantily compensated, which may be proved in the most painful manner, at any hour in any street of your large towns

Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.

The condition of the colored man within our borders may become a source of anxiety, to say the least .... It was looking to a settlement of this question that led me to urge the annexation of San Domingo during the time I was President of the United States. San Domingo was freely offered to us, not only by the administration but by all the people, almost without price. The island is upon our shores, is very fertile, and is capable of supporting fifteen million people. The products of the soil are so valuable that labor in her fields would be so compensated as to enable those who wished to go there to quickly repay the cost of their passage. I took it that the colored people would go there in great numbers, so as to have independent states governed by their own race. They would still be states of the Union, and under the protection of the general government, but the citizens would be almost wholly colored.