Rationalisation and Unemployment (Routledge Revivals): An Economic Dilemma
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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I INCOME MONETARY AND REAL
II USES OF THE SURPLUS
IV RATIONALISATION AND PRODUCTIVITY
V RATIONALISATION AND CONSUMPTION
VI MARKETS AND DISTRIBUTION OF THE PRODUCT
VII SOCIAL SERVICES AND WORKERS INCOMES
VIII VITAL INCOME
IX ECONOMIC INTERNATIONALISM