Capital

Explore 2 quotes about Capital

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. Capital has its rights, which are as worthy of protection as any other rights.

Abraham Lincoln

Annual Message to Congress

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Topic

Labor Capital Capitalism Economic theory

Author

Abraham Lincoln

Source

Annual Message to Congress

Genre

Political literature

Language

English

Time

1861 1860s 19th century

Authentication Score 2

Original Citation

Lincoln, Abraham. First Annual Message to Congress. 3 Dec. 1861, U.S. Capitol Building, Washington, DC, USA.

Current Citation

Lincoln, Abraham. "Annual Message to Congress, December 3, 1861." Abraham Lincoln: Speeches and Writings 1859-1865, edited by Don E. Fehrenbacher. Library of America, 1989.

In the first stone which he flings at the wild animals he pursues, in the first stick that he seizes to strike down the fruit which hangs above his reach, we see the appropriation of one article for the purpose of aiding in the acquisition of another, and thus discover the origin of capital.

Robert Torrens

More information about this quote

Topic

Tools Capital

Author

Robert Torrens

Source

An Essay on the Production of Wealth

Medium

Essay

Genre

Economic literature

Language

English

Time

1821 1820s 19th century

Authentication Score 3

Citation

Torrens, Robert. An Essay on the Production of Wealth. London: Longman, Hurst, Rees, Orme, and Brown, 1821, ch. 2.