1st Edition

The Industrial System (Routledge Revivals) An Inquiry into Earned and Unearned Income

By J. Hobson Copyright 1992
    370 Pages
    by Routledge

    370 Pages
    by Routledge

    First published in 1909 and reissued in 1910, J. A. Hobson’s The Industrial System provides a complex analysis of distribution and consumption. Offering a critique of contemporary capitalism whilst accepting the superiority of the free market, the book includes an exploration of areas such as cost and surplus, supply and demand and the labour movement. This is an important work by one of the most important economic thinkers of the twentieth century, which will be of particular interest to modern economic historians.

    Introduction; Preface; Preface to the Second Edition  1. A Business  2. Trades and Their Place in the Industrial System  3. Spending and Saving  4. Costs and Surplus  5. Wages, Interest, and Rent  6. Ability  7. Distribution of the Surplus by Pulls  8. Prices and the Ratio of Exchange  9. The Mechanism of Markets  10. The Law of Supply and Demand 11. The Size of Businesses  12. Trusts and Monopolies  13. The Labour Movement  14. Socialism and the Social Income  15. Taxation of Imports  16. Money and Finance  17. Insurance  18. Unemployment  19. The Human Interpretation of Industry

    Biography

    J. Hobson