Leland Stanford Quote

"The production of wealth is the result of agreement between labor and capital, between employer and employed. Its distribution, therefore, will follow the law of its creation, or great injustice will be done."

by:	Leland Stanford [Amasa Leland Stanford] (1824-1893) American tycoon, industrialist, politician and founder of Stanford University
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Categories:	Capitalism, Economics, Injustice, Labor, Law, Wealth, Employment
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-- Mike, Norwalk
America did away with this agreement a long time ago...  -- RBE, Anywhere in Europe
Labor always gets it's money first, then what is left goes to the investor.  -- cal, lewisville, tx
A free market is an engine of growth, that's why there are so many schemes to take a cut of every transaction. Eventually, that gunks up the engine making it cough and sputter -- that's how the powers-that-be like it.  -- E Archer, NYC      3
-- Ronw13, Oregon
-- Mary, MI
Wealth, capital and distribution here would have to be defined in detail. Currently, banking cartels create what is called capital (they making the law, contrary to nature’s fiscal law and not as an agreement). Employers and employees exist world wide while wealth distribution (???) doesn’t seem to follow. Wealth distribution is a religious dogma creating temporary circumstances, not a law of nature’s ongoing absolute. Such wealth, capital and distribution as is now employed is an illustration of slavery’s great injustice.  -- Mike, Norwalk      1

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