In his Preface to the 1902 first edition of Imperialism: A Study,
imperial critic J.A. Hobson demonstrates his prophetic talents by
noting, just as the Victorian age was ending and World War I was
brewing, that "Imperialism has been adopted as a more or less
conscious policy by several European States and threatens to break
down the political isolation of the United States." Though the book
speaks mostly of British imperialism of the period, Hobson
inevitably explores the general principals-and hidden motives-of
imperialist policy. Hobson covers: . the commercial value of
imperialism . imperialism as an outlet for population . economic
parasites of imperialism . imperialist finance . moral and
sentimental factors . and much more. With imperialism again a hot
topic in the political arena, Hobson's treatise continues to lend
invaluable, necessary insight into a complex ideology. British
writer JOHN ATKINSON HOBSON (1858-1940) was an historian and
economist as well as a popular lecturer on the topics. His other
books include The Evolution of Modern Capitalism (1894), The
Economics of Distribution (1900), The Economics of Unemployment
(1922), and the autobiographical Confessions of an Economic Heretic
(1938).
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