It is most true that there could be no capital unless labor first existed.
Victoria C. Woodhull: “It is most true that there could be no capital unless labor first existed.”
Editor's note · Context
Woodhull emphasizes the fundamental role of labor in the economy, asserting that it is essential for the existence of capital.
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The chief value, then, of an intimate knowledge of the past is, that from it the future may be foreseen, and that the lesson it teaches may assist in the formation of aids to the natural order of things.
It is in the people themselves, and in the fundamental principles upon which society is built, and those which the people allow government to be administered upon.
This conclusion rouses the spirit of independence in the laborer, and he determines to redress his wrongs.
With its destruction the lives of two great political parties passed away, and left the people with no distinct lines of demarkation.