"The landlord, qua landlord, performs no function in the economy of industry or of food production. He is a rent receiver; that, and nothing more. Were the landlord to be abolished, the soil and the people who till it would still remain, and the disappearance of the landowner would pass almost unnoticed. So too with the capitalist. ... By capitalist, I mean the investor who puts his money into a concern and draws profits there from without participating in the organisation or management of the business. Were all these to disappear in the night, leaving no trace behind, nothing would be changed."
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Original Language: English
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Sources
Keir Hardie, From Serfdom to Socialism (1907), p. 11.
https://en.wikiquote.org/wiki/Ownership
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