Quote by Abraham Lincoln
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.
Summary
This quote emphasizes the primacy and value of labor over capital. It asserts that labor is fundamental and essential, as capital is merely the result or outcome of labor. The quote suggests that without the effort and work put in by laborers, capital would not exist. Furthermore, it argues that labor deserves greater respect and recognition than capital, highlighting the importance of valuing and prioritizing the contribution of individuals who engage in labor.