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On Labor and Capital (Abraham Lincoln):

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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:58 PM
Original message
On Labor and Capital (Abraham Lincoln):
Edited on Sat Jan-23-10 03:05 PM by Xipe Totec
"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 superior to capital, and deserves much the higher consideration."

- Abraham Lincoln, first Annual Message to Congress, December 3, 1861.


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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:59 PM
Response to Original message
1. Almost everything about our economic system disagrees with that statement though
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:00 PM
Response to Reply #1
2. And therein lies the problem n/t
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:00 PM
Response to Reply #2
3. yep
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:03 PM
Response to Original message
4. I quoted that in my dissertation on Russian labor reform, or lack thereof. nt
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:04 PM
Response to Reply #4
6. I would love to read it n/t
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:04 PM
Response to Original message
5. Amend the thread title to include Abe's name. It will get more hits that way. nt
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:05 PM
Response to Reply #5
7. Good advice. n/t
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:07 PM
Response to Original message
8. So, we're suffering from capital punishment?
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:08 PM
Response to Reply #8
10. Man, you're quick!
I laughed till it hurt, and then I cried.

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ngant17 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:08 PM
Response to Original message
9. Lincoln was obviously a Marxist
as this quote could have been taken directly out of Das Capital.
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:10 PM
Response to Reply #9
11. Or, rather, Marx was a Lincolnist, since the quote predates Marx. n/t
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Unvanguard Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:12 PM
Response to Reply #11
13. No, it doesn't. Lincoln and Marx were contemporaneous.
The Communist Manifesto was published thirteen years before that quote. Marx (together with others) sent Lincoln a letter in support of the Union in the American Civil War.
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:16 PM
Response to Reply #13
15. I stand corrected n/t
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Zomby Woof Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 04:09 PM
Response to Reply #9
16. Not really
He was a corporate lawyer, who often went to bat for railroads and their interests. And this was decades before the 1886 landmark case which first declared corporations "persons". Lincoln, like any lawyer, could play both sides. He represented a slaveowner once in a case eerily prescient of the Dred Scott case.
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hileeopnyn8d Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:10 PM
Response to Original message
12. Here's a good
bookend quote to that one, also from Lincoln.


"It has indeed been a trying hour for the Republic; but I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working on the prejudices of the people until all wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war."
— Abraham Lincoln, letter to William F. Elkins (Nov 21, 1864)
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 03:14 PM
Response to Reply #12
14. THAT, just blows my mind! Awesome bookend
I hope it remains a warning and not an epitaph.
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senseandsensibility Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 06:54 PM
Response to Reply #12
18. Whoa.
Almost worth a separate OP, as much as I appreciate this one.
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senseandsensibility Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 06:52 PM
Response to Original message
17. See my sig line!
:fistbump:
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