Meaning: The quote you have provided is a powerful statement that challenges the notion of mere tolerance or apologetic defense of social industry and socialism. It urges individuals to move beyond a passive acceptance of the status quo and to engage with the concept of social industry in a strong, positive manner.

John Bates Clark, the economist behind this quote, was a prominent figure in the field of economics during the late 19th and early 20th centuries. He was known for his work on marginal productivity, the theory of distribution, and the relationship between land and capital. Clark was a key figure in the development of neoclassical economics and his ideas continue to have a significant impact on economic thought today.

In the quote, Clark is advocating for a proactive and assertive approach to the consideration of social industry. He rejects the idea of merely tolerating or apologizing for it, suggesting that such passive attitudes are inadequate in the face of the complex social and economic issues that socialism seeks to address. Instead, he encourages a robust and positive engagement with the concept, one that goes beyond merely exposing its flaws or perils.

Clark's stance can be seen as a call to action for individuals to critically examine and actively participate in discussions about social industry and socialism. Rather than simply accepting or rejecting these ideas, he encourages people to engage with them in a meaningful way, understanding their potential benefits and drawbacks and considering how they could be implemented or improved.

This quote also reflects Clark's broader views on economics and social organization. Throughout his work, he emphasized the importance of understanding the complexities of economic systems and the need for thoughtful, informed analysis of social and economic issues. His approach was characterized by a willingness to engage with different perspectives and to seek practical solutions to real-world problems.

In the context of the time in which Clark was writing, the late 19th and early 20th centuries, socialism was a topic of intense debate and discussion. The industrial revolution had brought about significant social and economic changes, leading to widespread inequality and labor exploitation. Socialism emerged as a response to these challenges, advocating for collective ownership of the means of production and a more equitable distribution of resources.

Clark's quote can be understood as a response to the polarized debates surrounding socialism at that time. Rather than taking a defensive or dismissive stance, he is urging for a more nuanced and proactive approach to understanding and engaging with the ideas and principles of social industry. This reflects his broader commitment to rigorous analysis and open-minded inquiry in the field of economics.

In conclusion, John Bates Clark's quote serves as a powerful reminder of the importance of active engagement and critical thinking when considering complex social and economic issues such as social industry and socialism. It encourages individuals to move beyond passive tolerance or apologetic defense and to approach these concepts with a sense of strength and purpose. By embracing this proactive mindset, we can foster a more informed and constructive dialogue about the potential benefits and challenges of social industry, ultimately contributing to the development of more equitable and sustainable economic systems.

Sources:
- John Bates Clark: The Making of a Neoclassical Economist by Neil T. Skaggs (1994)
- The Economics of John Bates Clark: Selections from His Writings edited by Henry W. Macrosty (1927)