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cover of the book Rationalisation and Unemployment (Routledge Revivals) : An Economic Dilemma

Ebook: Rationalisation and Unemployment (Routledge Revivals) : An Economic Dilemma

Author: J. A. Hobson

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01.03.2024
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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 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.
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