Tuesday, January 3, 2012

Abraham Lincoln PSA

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."

Panderbear noted in The Great Divergence and The Great Divergence - Part II that for many decades the Republican Party has been unrelentingly anti-labor and pro-capital. Marginalization of labor unions is one of the top three contributors to The Great Divergencethe multi-decade trend toward more lopsided income distribution in the U.S.

File this one under 'things the modern Republican Party has forgotten.'

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