The problems of tomorrow require whole new concepts of how a free economy can work. As the tools of production become more productive, it means that … - Walter Reuther

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The problems of tomorrow require whole new concepts of how a free economy can work. As the tools of production become more productive, it means that we've got to find the markets by which people can absorb this greater productivity. Unless the fruits of technology are shared among workers and stockholders and consumers more equitably, the economy gets in trouble because you develop a lag between the ability to create wealth on the one hand, and the inability of people to consume the wealth that we know how to create.

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About Walter Reuther

Walter Philip Reuther (September 1, 1907 – May 9, 1970) was an American leader of organized labor and civil rights activist who built the United Auto Workers (UAW) into one of the most progressive labor unions in American history. He was the husband of May Reuther, and the brother of Victor G. Reuther and Roy L. Reuther. TOC

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Alternative Names: Walter P. Reuther Walter Philip Reuther
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