We do not defend the perversions of the natural economic system but because they are perversions merely, we shall remove them and keep the system.
More Quotes from John Bates Clark:
If a man were living in isolation his income would be literally his product. Make him the monarch and owner of an island, and the fruits that he raises and the clothing that he makes constitute, in themselves, his income. This ceases to be true when trading begins.John Bates Clark
Socialism appeals to better classes and has far more strength. Attack the state and you excite feelings of loyalty even among the disaffected classes; but attack the industrial system and appeal to the state, and you may have loyalty in your favor.
John Bates Clark
Experience alone can give a final answer. The knowledge gained in a few years by a commission of the kind suggested would be worth more than volumes of mere assertions and contradictions.
John Bates Clark
Dull would be the man who should merely tolerate this plan of social industry. Weak would be the position of him who should take an apologetic tone in defending it, or present its claims in a merely negative way, by exposing the evils and perils of the socialistic plan.
John Bates Clark
We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.
John Bates Clark
The first issue to be settled is whether socialism has a right to exist Are its allegations concerning the present system true? Is industry proceeding on a principle of fraud? I wish to test the power of recent economic theory to give an exact answer to this question.
John Bates Clark
Readers Who Like This Quotation Also Like:
Based on Keywords: perversionsI am also working on a couple of short stories for anthologies. This is new to me and I'm enjoying it.
Judith Guest
When I'm out with a group I hide in the corner and get legless. I just make sure my friends shield me.
Samantha Mumba
My parents have always been offended by my weight, embarrassed maybe. It didn't fit with their sensibilities.
Camryn Manheim