Hobson, J. A (1858.7.6-1940.4.1)
Birthplace Derby, Drbyshire, England.
Posts Held Schoolmaster, 1880-7; Univ. Extension Lect., 1887-97; Journalist and professional writer.
Degree MA Univ. Oxford.
Publications Books:1.The Physiology of Industry (with A. F. Mummery), (1789, 1956); 2. The Evolution of Modern Capitalism (1894, 1949); 3. Imperialism: A Study (1902, 1948); 4. The Industrial System (1909, 1910); 5. Work and Wealth (1914, 1933); 6. confessions of an Economic Heretic (1938).
Career Hobson was essentially a humanistic critic of current economics, rejecting exclusively materialistic definitions of value. With A. F. Mummery he developed the theory of oversaving which was given a generous tribute by Keynes. His second major contribution was his analysis of capitalism on which Lenin drew freely. Ctitics have pointed to the technical inadequacies of his arguments but his influence was significant in at least the two examples cited.
Secondary Literature H. N. Brailsford, The Life-work of J. A. Hobson (OUP, 1948); R. Lekachman, `Hobson, John A.', International Encyclopedia of the Social Sciences , D. L. Sills (ed.) (Macmillan and Free Press, 1968), vol. 6.
Imperialism (fordham.edu) London: Allen and Unwin, 1948; pp.3-5, 71-72,77-78, 80-81, 92-93.
Work and Wealth: A Human Valuation (socsci.mcmaster.ca)
Work and Wealth: A Human Valuation (ecn.bris.ac.uk)
Work and Wealth: A Human Valuation (unimelb.edu.au)
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