There would be no idling in a co-operative workshop. Each workman, being an employer, has a spur to his own industry, and has a pecuniary reason for being watchful of the industry of his fellow workmen.
Leland StanfordThe production of wealth is the result of agreement between labor and capital, between employer and employed. Its distribution, therefore, will follow the law of its creation, or great injustice will be done.
Leland StanfordMany writers upon the science of political economy have declared that it is the duty of a nation first to encourage the creation of wealth; and second, to direct and control its distribution. All such theories are delusive.
Leland StanfordEach co-operative institution will become a school of business in which each member will acquire a knowledge of the laws of trade and commerce.
Leland Stanford