Profit sharing, by anchoring a man to the spot, by breaking down the sense of his own consciousness, which inspired every big strike, had a positive … - Keir Hardie

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Profit sharing, by anchoring a man to the spot, by breaking down the sense of his own consciousness, which inspired every big strike, had a positive tendency to lower wages and worsen the conditions of employment. Therefore he looked with no hope to profit sharing.

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About Keir Hardie

James Keir Hardie (15 August 1856 – 26 September 1915) was a Scottish trade unionist and politician. He was a founder of the Labour Party, and served as its first parliamentary leader from 1906 to 1908.

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Alternative Names: James Keir Hardie
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By capitalist, I mean the investor who puts his money into a concern and draws profits there from without participating in the organisation or management of the business. Were all these to disappear in the night, leaving no trace behind, nothing would be changed.

There is the increasing tension required in the conduct of business which so saps a man's energies as to leave him little of either time or inclination for the cultivation of any other than the business faculty. A tendency to revolt against this is a well-marked feature of the social life of our time. Of what use is it, ask these slaves of the ledger, to spend the greater part of a lifetime in acquiring a competency only to find after it has been acquired that its acquisition has taken all the savour of enjoyment out of life?

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Thanks to the wise legislators of the past who had allowed our native land to go out of cultivation and left us dependent upon other countries for our food supplies, all that an invading force would be required to do would be to stop our food supplies coming in; the gaunt enemy of hunger would do all the invader's work.

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