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Where workers outnumber jobs, widespread thrift among workers would only drive wages down
Drawn from what Jack London said
What Jack London actually said
- Jack London American novelist and journalist (1876 to 1916)
In short, thrift negates thrift. If every worker in England should heed the preachers of thrift and cut expenditure in half, the condition of there being more men to work than there is work to do would swiftly cut wages in half.
Where this was said
↗The People of the Abyss (1903)gutenberg.org
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