Rationalisation and Unemployment (Routledge Revivals)

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A01=J. A. Hobson
Adequate Expansion
Author_J. A. Hobson
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capital
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Census
Chronic
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dilemma
economic
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Economic Journal
Economic Rent
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full
Full Economies
good
Government External Debt
Governmental Expenditure
income
labour market analysis
mass production economics
mass unemployment in industrial economies
Material Capital
Monetary Saving
Money Savings
post-War
power
productive
productivity efficiency
Profitable Price Level
Public Administration
purchasing
real
Real Savings
Standardised Mass Production
surplus distribution
Surplus Profits Tax
underconsumption theory
Vice Versa
Vital Cost
Vital Income
Vital Utility

Product details

  • ISBN 9780415688000
  • Weight: 240g
  • Dimensions: 138 x 216mm
  • Publication Date: 17 Oct 2011
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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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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