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— Louis O. Kelso"Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?"
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Our present predicament comes from the fact that running the economy on blood is no longer fashionable. We can't end this depression with another war.
— Louis O. Kelso
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Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest ingenuity to avoid servile labor.
— Louis O. Kelso
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