Quote by Henry George

Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.

Capital is a result of labor, and is used by labor to assist

Summary

This quote highlights the relationship between capital and labor in the process of production. It emphasizes that capital is not inherently separate from labor, but rather a product of labor's efforts. Capital exists to support and enhance labor's productivity. Furthermore, it acknowledges that labor is the driving force behind economic activity and holds the power to employ capital and utilize it for production purposes.

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By Henry George

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