Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 35

Samuel Smiles《Thrift》· Thrift · Investing

It is in this way that society mainly consists of two classes--the savers and the wasters, the provident and the improvident, the thrifty and the thriftless, the Haves and the Have-nots. The men who economize by means of labour become the owners of capital which sets other labour in motion. Capital accumulates in their hands, and they employ other labourers to work for them. Thus trade and commerce begin.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 35 · 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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