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Imperialism: a study
Book • 1901
In 'Imperialism: A Study', J.A.
Hobson argues that imperialism is driven by the need for capitalist economies to find new markets and investment opportunities abroad due to domestic overproduction and underconsumption.
He contends that imperialism is economically disadvantageous and morally unjustified, serving the interests of the wealthy at the expense of the general public.
Hobson distinguishes between imperialism and colonialism, highlighting the former as an unnatural expansion beyond national borders.
The book also explores the commercial, population, and moral justifications of imperialism, exposing the hypocrisy and self-deception involved in imperialist policies.
Hobson's work had significant influence on later thinkers, including Vladimir Lenin and Hannah Arendt.
Hobson argues that imperialism is driven by the need for capitalist economies to find new markets and investment opportunities abroad due to domestic overproduction and underconsumption.
He contends that imperialism is economically disadvantageous and morally unjustified, serving the interests of the wealthy at the expense of the general public.
Hobson distinguishes between imperialism and colonialism, highlighting the former as an unnatural expansion beyond national borders.
The book also explores the commercial, population, and moral justifications of imperialism, exposing the hypocrisy and self-deception involved in imperialist policies.
Hobson's work had significant influence on later thinkers, including Vladimir Lenin and Hannah Arendt.
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Mentioned as a liberal radical whose theories of monopoly capitalism influenced Vladimir Lenin.

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The History of Bad Ideas: Monopoly