Quote by Leland Stanford
The employer class is less indispensable in the modern organization of industries because the laboring men themselves possess sufficient intelligence to organize into co-operative relation and enjoy the entire benefits of their own labor.
Summary
This quote suggests that with increased intelligence and organization among laboring individuals, the need for employers in modern industries is diminishing. It implies that workers are capable of forming cooperative relationships and reaping the full benefits of their own labor, eliminating the requirement for a hierarchical employer-employee system. The quote reflects an optimistic view of the potential of workers to self-organize and implies a belief in a more equal and autonomous workforce.