Pius XI Quotes
It violates right order whenever capital so employs the working or wage-earning classes as to divert business and economic activity entirely to its own arbitrary will and advantage, without any regard to the human dignity of the workers, the social character of economic life, social justice, and the common good.
Pius XI. Quadragesimo Anno. Libreria Editrice Vaticana, 15 May 1931.
Labor leader Samuel Gompers used this statement to publically praise the passage of the Clayton Anti-Trust Act.
Jefferson was one of the first political and economic thinkers to express concern over the “wage slave” concept of the industrial revolution. This was one of the major reasons that he was not in consonance with Alexander Hamilton in his economic vision for America. While we followed the Hamilton direction, there are still issues of maintaining freedom and independence for an employee in modern nations and economies.
The argument here is that since the poor working class wages are so low, that they cannot save for an emergency, therefore the society must provide for welfare for those who might otherwise starve.
In his economic view, managers, accountants, attorneys, owners, shareholders, landlords, were all supported by the workers who have to support themselves and all the others.
This is not a common quotation from Thoreau. The great man for whom the establishment had so much respect had a very anti-capitalist streak. His view is that the employer will generally never pay his laborers a fair wage. Instead he will pay the laborer the lowest rate for which he can obtain the laborers services. If the laborer generates added value for his wage, the employer is in a zero sum game with the laborer. If part of the added value—the profit is paid to the laborer, the employer does not have it for himself (or his stockholders). In most cases, the laborer is forced to work for his and his family’s subsistence. This theory argues that they only way the laborer will get a fair wage is if there is a labor shortage (assuming no government laws or union pressure is in the picture. Many capitalists argue that a “fair” wage is what a free man is willing to work for and a free employer is willing to pay. So economics is like politics in general with respect to fairness—there is no universally accepted definition of what is fair.
Pope Pius XI (Italian: Pio XI), born Ambrogio Damiano Achille Ratti, was head of the Catholic Church from 6 February 1922 to his death in 1939. He was the first sovereign of Vatican City from its creation as an independent state on 11 February 1929. He took as his papal motto "Pax Christi in Regno Christi," translated "The Peace of Christ in the Kingdom of Christ."
