New laws do not pretend to prevent labor disputes, nor do they cover all industry and all labor. But they do constitute an important step toward the achievement of just and peaceable labor relations in industry.

From his understanding of wealth and poverty came his understanding of labor and capital, which led him to the solution of trusteeship based on the belief that there is no private ownership of capital; it is given in trust for redistribution and equalization. Similarly, while recognizing differential aptitudes and talents, he holds that these are gifts from God to be used for the collective good.

Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks.

It has so happened in all ages of the world, that some have labored, and others have, without labor, enjoyed a large proportion of the fruits.

Half‑finished work generally proves to be labor lost.

The entire so-called history of the world is nothing but the creation of man through human labor.