"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."

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Thematic Reflection

This quotation examines the core nature of Power as articulated by John Bates Clark. Within historical and literary traditions, reflections on Power provide actionable mental models, challenging individuals to evaluate personal ethics, self-discipline, and daily actions.

About John Bates Clark

John Bates Clark was an American neoclassical economist. He was one of the pioneers of the marginalist revolution and opponent to the Institutionalist school of economics, and spent most of his career as a professor at Columbia University. He was one of the most prominent American economists of his time.

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