>>>> "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."
>>>> -- Lincoln
>>> Lincoln lived in a time when labor was much more of a fraction of
>>> production than it is now.
>> "Labor" includes more than just stacking boxes. �It includes all kinds
>> of desk bound paper pusher services, accounting, law, music, writing,
>> high tech . . . .
> That is true *now*. It was much less true *then*.
Introducing new types of labor hardly changes the truth of the Lincoln
quote.
> When they said
> "work" in 1830, they meant mainly in foot-pounds.
Even before then everyone was aware of steam replacing human
_physical_ labor.
>>> And his derivation is 100%% correct -
>>> capital without labor is utterly meaningless.
>>> To the tread title: a child asks "Mommy, why is there a Mother's
>>> Day and a Father's Day but there is no Children's Day?"
>>> "Because every day is children's day."
>> My mom tried that one on me back when I was a kid but later I found
>> out that in Mexico, an enlightened country, they do in fact, have a
>> children's day.
> Ah well.
Check out my new sig.
Bret Cahill
"Fun is the father of invention."
-- Bret Cahill