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— Louis O. Kelso"The totalitarian toil-state originates in the propertylessness of the majority."
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The rising productivity of labor is a myth, a statistical illusion created by measuring combined output in terms of labor input.
— Louis O. Kelso
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When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power.
— Louis O. Kelso
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