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.

In the brief preface is expressed the hope that 'it may be found that these principles settle questions of agrarian socialism. … Though the process was savage the outlook which it afforded was not wholly evil.

John Bates Clark (January 26 1847 – March 21 1938) was an American neoclassical economist.