1st Edition

Rationalisation and Unemployment (Routledge Revivals)
An Economic Dilemma

ISBN 9780415688000
Published November 13, 2010 by Routledge
130 Pages

USD $24.95

Prices & shipping based on shipping country


Book Description

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.

Table of Contents

1.Income, Monetary and Real  2. Uses of the Surplus  3. Underconsumption  4. Rationalisation and Productivity  5. Rationalisation and Consumption  6. Markets and Distribution of the Product  7. Social Services and Workers’ Incomes  8. Vital Income  9. Economic Internationalism

View More