Poverty in Plenty - Couverture souple

Hobson, J. A

 
9781406746051: Poverty in Plenty

Synopsis

"Poverty In Plenty - The Ethics of Income" is a 1931 essay by English social scientist and economist John Atkinson Hobson. Within it, Hobson analyses financial distribution during the early years of Twentieth Century Britain, exploring the important moral questions related to the necessary economic reforms of the period. Hobson argues that under-consumption, over-production, and unemployment are the result of unfair distribution of wealth, and that a responsible economic government founded upon justice and humanity needs to be established. Contents include: "The Lack of Economic Government", "The Making of Incomes", "Forced Labour and 'The Right to Work'", "Claims Upon Surplus Income, Personal and Communal", "International Economic Government", and "A Moral Reformation". 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. Many vintage books such as this are becoming increasingly scarce and expensive. We are republishing this volume now in an affordable, modern, high-quality edition complete with an introductory chapter from Hobson's essay "Problems of Poverty".

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Présentation de l'éditeur

First published in 1931, this Routledge Revivals title reissues J.A Hobson’s analysis of financial distribution in the early years of Twentieth Century Britain. The book focuses on the moral questions that he considered to be important in regard to the economic reforms that were necessary to secure the utilisation of modern productivity for the welfare of mankind. In this work, Hobson considers the wasteful working of the economic system, with its over-production, under-consumption and unemployment and states that these errors are due to the unfair way in which income is apportioned among the nations, classes and individuals that produce it. Poverty in Plenty argues for a conscious economic government inspired by a sense of justice and humanity. It makes suggestions towards the establishment of such a government and presents business prosperity as a problem of morals.

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