The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It would introduce into distribution a genuinely arbitrary element, with a very large ultimate power to pervert… — John Bates Clark Copy Share Image
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 Copy Share Image
In a recent decision of the Supreme Court, not made, however, by the full court, and concurred in by only four justices, it was… — John Bates Clark Copy Share Image
If a man were living in isolation his income would be literally his product. Make him the monarch and owner of an island, and… — John Bates Clark Copy Share Image
As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the… — John Bates Clark Copy Share Image
A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to another worker in the… — John Bates Clark Copy Share Image
Socialism appeals to better classes and has far more strength. Attack the state and you excite feelings of loyalty even among the disaffected classes;… — John Bates Clark Copy Share Image
The first issue to be settled is whether socialism has a right to exist. Are its allegations concerning the present system true? Is industry… — John Bates Clark Copy Share Image
We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we… — John Bates Clark Copy Share Image
When we say that the persistence of competition is ensured by fate, we mean that individual freedom is so guaranteed. The one thing to… — John Bates Clark Copy Share Image
The limit is not as narrow as it might be. I do not claim for this action, as it now goes on, an ideal… — John Bates Clark Copy Share Image
If the adjustment made by a court can be accepted or not, it will be refused whenever the men can gain more by continuing… — John Bates Clark Copy Share Image
Dull would be the man who should merely tolerate this plan of social industry. Weak would be the position of him who should take… — John Bates Clark Copy Share Image
The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It… — John Bates Clark Copy Share Image
