Home » Rationalisation and Unemployment (Routledge Revivals): An Economic Dilemma by J.A. Hobson
Rationalisation and Unemployment (Routledge Revivals): An Economic Dilemma J.A. Hobson

Rationalisation and Unemployment (Routledge Revivals): An Economic Dilemma

J.A. Hobson

Published February 1st 2013
ISBN : 9781136599637
ebook
130 pages
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 About the Book 

First published in 1930, John Hobson s study deals with the economic dilemmas generated in the early twentieth century by the advent of mass production. Namely the over-production and surfeit of goods and the resultant failure of the expansion ofMoreFirst published in 1930, John Hobson s study deals with the economic dilemmas generated in the early twentieth century by the advent of mass production. Namely the over-production and surfeit of goods and the resultant failure of the expansion of markets leading to record levels of mass unemployment.Seeking a solution to this dilemma, Hobson analyses all aspects of the problem: income, uses of the surplus, underconsumption, markets and distribution, and internationalism. The study also explores theories concerning economies of rationalisation, both in terms of productivity and consumption.