“I pay low wages. I can take advantage of that. We're going to be successful, but the basis is a very low-wage, low-benefit model of employment.”

—  Sam Walton

Attributed in Adam L. Penenberg, "Why Google Is Like Wal-Mart" https://archive.is/20130630165550/www.wired.com/culture/lifestyle/news/2005/04/67287?currentPage=all, Wired, 21 April 2005

Adopted from Wikiquote. Last update May 3, 2022. History

Help us to complete the source, original and additional information

Do you have more details about the quote "I pay low wages. I can take advantage of that. We're going to be successful, but the basis is a very low-wage, low-bene…" by Sam Walton?
Sam Walton photo
Sam Walton 3
Founder of Wal-Mart and Sam's Club 1918–1992

Related quotes

Thomas Robert Malthus photo

“If a country can only be rich by running a successful race for low wages, I should be disposed to say at once, perish such riches!”

Book I, Chapter III, Of the Rent of Land, Section IX, p. 214
Principles of Political Economy (Second Edition 1836)

Ilana Mercer photo

“Canada is a high-wage area. The U. S. is a high-wage area. Latin America is a low-wage area. Migratory pressure flows from low-wage to high-wage regions; from the Third World to the First World (until migratory equilibrium is reached when First World becomes Third World).”

Ilana Mercer South African writer

"Trump’s Good for the English Language," http://www.wnd.com/2015/09/trumps-good-for-the-english-language/ WorldNetDaily.com, September 17, 2015.
2010s, 2015

Douglas Coupland photo
Peter D. Schiff photo
Joseph E. Stiglitz photo
Jack Vance photo

“My fees are not too high. Your wage scale may simply be too low.”

Source: Showboat World (1975), Chapter 12 (p. 132)

Robert Owen photo

“Dad said I would always be "high minded and low waged" from reading too much Ralph Waldo Emerson. Maybe he was right.”

Jim Harrison (1937–2016) American novelist, poet, essayist

Source: The English Major

Frederick Winslow Taylor photo

“Scientific management… has for its very foundation the firm conviction that the true interests of the two are one and the same; that prosperity for the employer cannot exist through a long term of years unless it is accompanied by prosperity for the employe, and vice versa; and that it is possible to give the workman what he most wants high wages and the employer what he wants a low labor cost for his manufactures.”

Frederick Winslow Taylor (1856–1915) American mechanical engineer and tennis player

Source: Principles of Scientific Management, 1911, p. 10; As cited in: Frank B. Gilbreth (1912). Primer of scientific management https://archive.org/stream/primerofscientif00gilbrich#page/1/mode/1up, p. 12.

Related topics