labor

659 quotes
0 likes
0Verified
52Authors

Timeline

First Quote Added

April 10, 2026

Latest Quote Added

April 10, 2026

All Quotes

"Suppose a clothing manufacturer learns of a machine that will make men’s and women’s overcoats for half as much labor as previously. He installs the machines and drops half his labor force. This looks at first glance like a clear loss of employment. But the machine itself required labor to make it; so here, as one offset, are jobs that would not otherwise have existed. The manufacturer, how ever, would have adopted the machine only if it had either made better suits for half as much labor, or had made the same kind of suits at a smaller cost. If we assume the latter, we cannot assume that the amount of labor to make the machines was as great in terms of pay rolls as the amount of labor that the clothing manufacturer hopes to save in the long run by adopting the machine; otherwise there would have been no economy, and he would not have adopted it. So there is still a net loss of employment to be accounted for. But we should at least keep in mind the real possibility that even the first effect of the introduction of labor-saving machinery may be to increase employment on net balance; because it is usually only in the long run that the clothing manufacturer expects to save money by adopting the machine: it may take several years for the machine to “pay for itself.” After the machine has produced economies sufficient to offset its cost, the clothing manufacturer has more profits than before. (We shall assume that he merely sells his coats for the same price as his competitors, and makes no effort to undersell them.) At this point, it may seem, labor has suffered a net loss of employment, while it is only the manufacturer, the capitalist, who has gained. But it is precisely out of these extra profits that the subsequent social gains must come. The manufacturer must use these extra profits in at least one of three ways, and possibly he will use part of them in all three: (1) he will use the extra profits to expand his operations by buying more machines to make more coats; or (2) he will invest the extra profits in some other industry; or (3) he will spend the extra profits on increasing his own consumption. Whichever of these three courses he takes, he will increase employment."

- Technological unemployment

• 0 likes• technology• business• economics• labor•
"Obama: [M]ost people aren’t spending a lot of time right now worrying about singularity—they are worrying about “Well, is my job going to be replaced by a machine?” I tend to be on the optimistic side—historically we’ve absorbed new technologies, and people find that new jobs are created, they migrate, and our standards of living generally go up. I do think that we may be in a slightly different period now, simply because of the pervasive applicability of AI and other technologies. High-skill folks do very well in these systems. They can leverage their talents, they can interface with machines to extend their reach, their sales, their products and services. Low-wage, low-skill individuals become more and more redundant, and their jobs may not be replaced, but wages are suppressed. And if we are going to successfully manage this transition, we are going to have to have a societal conversation about how we manage this. How are we training and ensuring the economy is inclusive if, in fact, we are producing more than ever, but more and more of it is going to a small group at the top? How do we make sure that folks have a living income? And what does this mean in terms of us supporting things like the arts or culture or making sure our veterans are getting cared for? The social compact has to accommodate these new technologies, and our economic models have to accommodate them."

- Technological unemployment

• 0 likes• technology• business• economics• labor•
"This revaluation of the image of the worker rests, on the part of the employers, on a rational calculation: it is not only a question of winning. the loyalty of an elite of workers they cannot do without and integrating them into the enterprise; it also means cutting this elite off from its class of origin and from class organizations, by giving it a different social identity and a different sense of social worth. In a society cut in two ('dualized'), this elite necessarily belongs to the world of 'the fighters and winners' who deserve a different status from the work-shy masses. The members of this elite of workers will therefore be encouraged to form their own independent trade unions and their own forms of social insurance, co-financed by the enterprises in which they work. At the same time, the employers will have limited the ability of this elite to bargain or fight trade-union struggles, by isolating it and stressing its privileges: its members have been chosen from among a very large number of applicants; they enjoy job security, a steady income and the kind of work and possibilities of promotion that are envied by all. And above all they owe their status to the fact that they are, professionally, the most capable; economically, the most productive; and, individually, the most hard-working. Insofar as it corresponds in large part to the ideal of the sovereign, multi-skilled worker of the utopia of work, the employers' discourse and the strategy concealed within it, have brought about the most serious crisis in the history of the trade-union movement. If, as is the case in West Germany, trade-union organization derives its strength from its roots in the ranks of the skilled workers, the threat exists that it will rapidly degenerate into neo-corporatism. If, on the other hand, trade unionism is particularly strong among semi-skilled workers - as is the case in Italy where until recently there was practically no foreign workforce and where semi-skilled workers owe their job security to their trade-union organization -then the unions find themselves in the dangerous position of having strong support among a declining category of workers and weak backing from the two categories which are in rapid expansion: the mass of temporary workers, which is expanding but difficult to organize, the unemployed and 'odd jobbers'; and the new elite of 'reprofessionalized' workers, characterized by a marked tendency to defend their own specific interests by forming company unions or small craft unions."

- Job security

• 0 likes• labor•
"The ideology of work and the ethics of effort therefore become cover for ultra-competitive egoism and careerism: the best succeed, the others have only themselves to blame; hard work should be encouraged and rewarded, which therefore means we should not subsidize the unemployed, the poor and all the other 'layabouts'. This ideology (which in Europe finds its most overt expression in Thatcherism) is strictly rational, as far as capitalism is concerned: the aim to motivate a workforce which cannot easily be replaced (for the moment, at least) and control it ideologically for want of a means of controlling it physically. In order to do this, it must preserve the work-force's adherence to the work ethic, destroy the relations of solidarity that could bind it to the less fortunate, and persuade it that by doing as much work as possible it will best serve the collective interest as well as its own private interests. It will thus be necessary to conceal the fact that. there is an increasing structural glut of workers and an increasing structural shortage of secure, full-time jobs; in short, that the economy no longer needs everyone to work - and will do so less and less. And that; as a consequence, the 'society of work' is obsolete: work can no longer serve as the basis for social integration. But, to conceal these facts it is necessary to find alternative explanations for the rise in unemployment" and the decrease in job security. It will thus be asserted that casual labourers and the unemployed are not serious about looking for work; do not possess adequate skills, are encouraged to be idle by over~ generous dole payments and so on. And, it will be added, these people are all paid far too much for the little they are able to do, with the result that the economy, which is groaning under the weight of these excessive burdens, is no longer buoyant enough to create a growing number of jobs. And the conclusion will be reached that, 'To end unemployment, we have to work more.'"

- Job security

• 0 likes• labor•
"A system of co-operation between workers and management cannot survive, therefore, unless management effectively guarantees its employees job security, by which I mean employment for life. It is on this condition alone that there can be social integration on the Japanese model within the enterprise. Yet large Japanese firms are only able to guarantee their employees jobs for life by subcontracting out the manufacturing and services which they, as parent companies, have no vital interest in undertaking themselves, to a vast network of satellite companies. These subcontracting enterprises cushion the parent company from fluctuations in economic conditions: they employ and dismiss their workers according to changes in demand, and the fact that their employees often have no union or social protection whatsoever means this can be accomplished with great speed. Job security in the parent companies is matched by unstable employment and social insecurity throughout the rest of the economy. Employment for life and social integration are privileges reserved for an elite (about 25 per cent of Japanese employees in 1987, a figure which is decreasing markedly as older workers are encouraged to retire early and are not replaced). They are only compatible with economic rationality within the framework of a dual society. This social division (or 'dualization') has been the . dominant characteristic of all the industrialized societies since the mid seventies."

- Job security

• 0 likes• labor•
"The necessity -from a technical point of view - for control and, consequently, for domination, can be overcome without too much difficulty in small and medium-sized enterprises; it cannot be overcome in large enterprises except by effecting changes which are all the more difficult to implement since they affect both the enterprise's hierarchical staffing structure and its technical (and spatial) organization. William F. Whyte provides a number of examples to show that organizations can be modified so that workers enjoy their work, espouse the aims of the enterprise and mobilize the reserves of productivity and skill they usually keep to themselves. The success of this kind of reorganization necessarily presupposes, first, a relationship of mutual confidence between management and organized labour, second, recognition of the workers' ability to organize themselves, take the initiative and participate in decision-making, and third, financial involvement of the workers in the results of their labour. Sooner or later, however, this policy of 'participation' or co-management - of which the Scanlon Plan was one of the best example; and one in advance of the 'quality circles' of thirty years later -meets with the following difficulty: for job security to be guaranteed, the volume of sales must increase at the same rate as the productivity of labour. A duly motivated workforce, however, can achieve staggering increases in: productivity (increases of 20 per cent per annum over a period of several years in the examples cited by Whyte). The volume of sales, however, cannot continue to increase at such a rate. The point inevitably comes when management decides to reduce the workforce in order to reduce costs, thus regaining sole ownership of the enterprise's decision-making power. The 'partnership' of labour and capital is thus destroyed at one fell swoop; the workers realize their co-operation with the management has been a swindle; and antagonistic class relations are re-established."

- Job security

• 0 likes• labor•
"When times are good, capital can extract huge profits from labor with little risk. For instance, after the last economic crisis, the (thanks in large part to government bailouts) not only managed to recover all of its losses by 2013, it then proceeded to almost double its value in the seven years that followed — an average rate of growth equal to about 14 percent per year. By contrast, average hourly wages for working people, which rose less than three percent per year for most of that same period, recovered much more slowly, and many workers actually saw their wages fall or remain flat when adjusted for inflation. When times are bad, however, in moments of crisis, when profits are low, or when there is little or no demand — such as we are seeing in many industries today — corporations and companies can protect themselves and their by simply letting workers go. Workers, on the other hand usually must continue to pay for food, rent, healthcare, and basic utilities in order to survive. As a consequence, while capital can often weather the storm of such economic crises, they can severely weaken the power of the working class by creating what Marx called a vast . And since unemployment insurance compensations are rarely available to all and always only for a short period of time, workers — whether laid off or only threatened with the prospect of layoffs—will eventually be pressured to work much harder for less wages. And this is precisely why the future of worker’s power depends on how we respond to this crisis now."

- James Dennis Hoff

• 0 likes• sociology• labor•