Labor is the superior of capital, and deserves much the higher recognition.

[Vic]

Originally posted by: shilala
The point of this thread has been missed, but you managed to hit the point exactly, even if it was indirectly.

Your disrespect for people, the workforce, and the human commodity of labor is astounding.
Mr. Lincoln's comment outlines in a few words how I feel.
Labor in my eyes is the human component.
I see some poor old turd carrying his lunch bucket to the factory to get some shoe money for his kids.
I have no end of respect for that man and the ideal he's living out.

On the other hand, I have you.
I'd like to say "I wish you could taste some free market economic principles at work by showing up at your job tomorrow only to see a "Sorry, Outsourced to India" sign on your employer's window."
Thing is that'd tear my heart out because I know that even self-important selfish assholes have to work, too.

The disrespect for humanity that you've spewed here is deplorable.
I'd like to punch your mother AND father in the mouth.

But as I pointed out, by posting Lincoln's words in in complete context just a few posts above, that's not what Lincoln meant at all.
What Lincoln said is that labor creates capital. That labor does not rely on capital in order to exist. Labor exists on its own. And he was (and still is) absolutely right. The high self-employment and small business numbers in this country prove it. Automation and outsourcing actually free up unproductive labor so that it can be refocused more productively and create even more capital. Labor IS the superior of capital. Labor is the creating force, capital is only that which was created by labor.
You (and conjur and few others) are taking Lincoln's quote out of context to argue exactly the opposite of what he meant.

 

[Genx87]

You (and conjur and few others) are taking Lincoln's quote out of context to argue exactly the opposite of what he meant.

Vic, does that really surprise you at all?