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Nick Hanauer Quotes: The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it's absurd.
         

The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it's absurd.


Nick Hanauer
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Other quotes of Nick Hanauer


When businesspeople take credit for creating jobs, it's a little like squirrels taking credit for creating evolution. In fact, it's the other way around.

When businesspeople take credit for creating jobs, it's a little like squirrels taking credit for creating evolution. In fact, it's the other way around.



If it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs.

If it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs.



I was at the forefront of the effort to pass $15 minimum wage in Seattle, and have been collaborating with the people who are trying to make that happen across the country.

I was at the forefront of the effort to pass $15 minimum wage in Seattle, and have been collaborating with the people who are trying to make that happen across the country.



Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.

Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.



The most pro-business thing you can do is to help middle-class people thrive.

The most pro-business thing you can do is to help middle-class people thrive.



The only reason to have a 300-foot-long boat is because they're bigger than 200-foot-long boats.

The only reason to have a 300-foot-long boat is because they're bigger than 200-foot-long boats.



Raising the minimum wage a lot across the board would make a big difference. It's not the only thing, but it's an indispensable part of solving the problem.

Raising the minimum wage a lot across the board would make a big difference. It's not the only thing, but it's an indispensable part of solving the problem.



The idea that high wages equals low employment, it's absurd.

The idea that high wages equals low employment, it's absurd.



Raising the overtime threshold - something that is about to happen. This is more complex so not as many people understand it, but it's equally consequential.

Raising the overtime threshold - something that is about to happen. This is more complex so not as many people understand it, but it's equally consequential.



The overtime threshold is to the middle class as the minimum wage is to low-wage workers.

The overtime threshold is to the middle class as the minimum wage is to low-wage workers.





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I am driven by what you are able to accomplish and how you are able to help some people. I go about it each and every day, sometimes I think I say yes too much and I am too busy in my life.

I am driven by what you are able to accomplish and how you are able to help some people. I go about it each and every day, sometimes I think I say yes too much and I am too busy in my life.



Few have borne unconsciously the spell of loveliness.

Few have borne unconsciously the spell of loveliness.



I’m not crazy to discuss fashion with men. I couldn’t care less about their opinion.

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The Christian life was never meant to be lived alone. Together we're a body. A family. The people of God.

The Christian life was never meant to be lived alone. Together we're a body. A family. The people of God.



Laughter boosts the immune system and helps the body fight off disease, cancer cells as well as viral, bacterial and other infections. Being happy is the best cure of all diseases!

Laughter boosts the immune system and helps the body fight off disease, cancer cells as well as viral, bacterial and other infections. Being happy is the best cure of all diseases!



If people are jumping down people's throats all the time, in the end, they'll just shrivel up like a flower shrivels up that's not watered.

If people are jumping down people's throats all the time, in the end, they'll just shrivel up like a flower shrivels up that's not watered.



We all want to leave our children the Garden of Eden and we wind up giving them hardscrabble.

We all want to leave our children the Garden of Eden and we wind up giving them hardscrabble.



It's as if Thomas Kinkade and Dante were at a party, and one turned to the other sometime after midnight and uttered that classic line "You know, we really should work together sometime.

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I liked books - the respite and privacy of them - books about plants and the formation of ice and the business of world wars. Whenever I sank into them I felt free.

I liked books - the respite and privacy of them - books about plants and the formation of ice and the business of world wars. Whenever I sank into them I felt free.



I see knowledge of self. I know who I am. When I look in the mirror, I see me.

I see knowledge of self. I know who I am. When I look in the mirror, I see me.




Quote Description


This page presents the quote "The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it's absurd.". Author of this quote is Nick Hanauer. This quote is about workers, capitalism, more money, employment, absurd, wages, customers, fundamentals, ideas,.