Rationalisation and Unemployment (Routledge Revivals)

An Economic Dilemma

Business & Finance, Career Planning & Job Hunting, Labor, Economics, Theory of Economics, Economic History
Cover of the book Rationalisation and Unemployment (Routledge Revivals) by J. A. Hobson, Taylor and Francis
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Author: J. A. Hobson ISBN: 9781136599675
Publisher: Taylor and Francis Publication: February 1, 2013
Imprint: Routledge Language: English
Author: J. A. Hobson
ISBN: 9781136599675
Publisher: Taylor and Francis
Publication: February 1, 2013
Imprint: Routledge
Language: English

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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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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