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 the superior of capital, and deserves much the higher consideration.
Abraham Lincoln: “Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if…”
On the recordDecember 2, 1861
Source
nps.govEditor's note · Context
From Lincoln’s First Annual Message to Congress, emphasizing the value of labor over capital.
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