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It is assumed that labor is available only in connection with capital; that nobody labors unless somebody else, owning capital, somehow by the use of it, induces him to labor. This assumed, it is next considered whether it is best that capital shall hire laborers, and thus induce them to work by their consent. Having proceeded so far, it is naturally concluded that all laborers are either hired laborers or what we call slaves. Now, there is no such relation between capital and labor as here assumed .... 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

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Apr 22, 2026

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Quote Author: Eric Hoffer

Eric Hoffer

Eric Hoffer

Eric Hoffer (July 25, 1898 - May 21, 1983) was an American social writer. He produced ten books and was awarded the Presidential Medal of Freedom in February 1983 by President of the United States Ronald Reagan. His first book, The True Believer , published in 1951, was widely recognized as a classic, receiving critical acclaim from both scholars and laymen. This book, which he considered his best [ citation needed ] , established his reputation [ citation needed ] . He remained a successful [ citation needed ] writer for most of his remaining years.

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