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First published in 1920, this fascinating treatise by renowned English economist John Atkinson Hobson looks at the subject of internationalism, exploring the moral factors and issues related to it as well as the ramifications of international cooperation in the light of the cessation of the First World War. This detailed treatise will appeal to those with an interest in world politics and economics, especially that of Europe and the aftermath of The Great War. John Atkinson Hobson (1858 - 1940) was an English social scientist and economist most famous for his work on imperialism-which notably had an influence on Vladimir Lenin-as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of distribution. Other notable works by this author include: "Evolution of Modern Capitalism" (1894), "Problem of the Unemployed" (1896), and "John Ruskin: Social Reformer" (1898). Many vintage books such as this are becoming increasingly scarce and expensive. It is with this in mind that we are republishing this volume now in an affordable, modern, high-quality edition together with an excerpt from "Imperialism, The Highest Stage of Capitalism" by V. I. Lenin.
J. A. Hobson (1858-1940) was an English economist and early socialist, whose writings on capitalism and industrialism influenced Lenin and Trotsky, and were highly regarded by John Maynard Keynes. Imperialism, published in 1902, is considered his most important work. Employed as a war correspondent by the Manchester Guardian to report on the Second Boer War, he became convinced that imperial expansion was driven by the desire to find new markets and investment opportunities, resulting in capitalistic exploitation of the colonies. He argued that imperial policies were a fundamental cause of international conflict, as greed led to aggression and militarism. While modern critics have seen weaknesses in his arguments, such as his failure to examine the development of the British Empire out of early private trading enterprises, Hobson was a very influential and prolific writer and social theorist, who helped shape British welfare policy in the twentieth century.
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