Quote by 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.
Summary
This quote suggests that socialism has greater appeal to the "better classes," indicating that it may attract support from more privileged individuals in society. It further argues that by targeting the state, critics of the existing order can garner some loyalty from even those who are discontented with the government. However, the quote emphasizes that attacking the industrial system and calling for state intervention in this realm may generate a greater sense of loyalty or support from the population at large. In essence, it suggests that advocating for socialism within the state-led industrial system could inspire greater allegiance.