#philosophy
"Owing to the incapacity of the higher price-rate to appeal to the "acquisitive sense," it would appear altogether plausible to attempt to do so by utilizing the opposite strategy: by decreasing piece-rates, to force workers to produce more in order to maintain their accustomed earnings. Moreover, two simple observations seem to have held true in the past, as they do today: a lower wage and higher profit are directly related, and all that is paid out in higher wages must imply a corresponding reduction of profits.Capitalism has been guided by this axiom repeatedly, and even from its beginning, and it has been an article of faith for centuries that lower wages are "productive." In other words, lower wages were believed to enhance worker productivity."
React to this quote
More by Max Weber
See allResonant Thoughts
Explore Further
Related Quotes
"The logical conclusion of intersectionality is individuality. There's so many different ways of categorizin…"
— Jordan Peterson"“He who loves God,” Spinoza says, “cannot strive that God should love him in return.” Goethe, in a passage …"
— Baruch Spinoza"It is said that "being" is the most universal and the emptiest concept. As such it resists every attempt at…"
— Martin Heidegger"The biological goal of the existence of every organism becomes understandable when we realize that it acts …"
— Jerzy Vetulani"People who write about spring training not being necessary have never tried to throw a baseball."
— Sandy Koufax"The culture supports serial monogamy, and I think I had plenty of that, and I think I was reasonably monoga…"
— Linda Ronstadt
Related Thinkers
Related Topics
Deep Dives
- Albert Einstein on philosophy
- Stephen Jay Gould on philosophy
- Carl Sagan on philosophy
- Charles Darwin on philosophy
- Michael Parenti on philosophy
- Galileo Galilei on philosophy
- Giordano Bruno on philosophy
- J. R. Partington on philosophy
- Albert Einstein on life
- Albert Einstein on science
- knowledge & Beauty
- knowledge & Change
