Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 218

Samuel Smiles《Thrift》· Thrift · Investing

The greater number of workmen possess little capital save their labour; and, as we have already seen, many of them uselessly and wastefully spend most of their earnings, instead of saving them and becoming capitalists. By combining in large numbers for the purposes of economical working, they might easily become capitalists, and operate upon a large scale. As society is now constituted, every man is not only justified but bound in duty as a citizen, to accumulate his earnings by all fair and honourable methods, with the view of securing a position of ultimate competence and independence.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 218 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

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