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Imperialism - A Study of the History, Politics and Economics of the Colonial Powers in Europe and America (Hardcover) (Hardcover)
Loot Price: R818
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Imperialism - A Study of the History, Politics and Economics of the Colonial Powers in Europe and America (Hardcover) (Hardcover)
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J. A. Hobson's critical treatise on the practice of imperialism -
whereby countries acquire territories for economic gain - is a
classic in its field. This edition includes all of the author's
original charts and illustrations. Published at the opening of the
20th century, while colonial imperialism still held decisive sway
as a political and social practice, Hobson's treatise caused
shockwaves in economics for its condemnation of a procedure long
considered irreproachable. While Hobson acknowledges that
imperialism is often supported by a sense of nationalistic pride
and achievement - as with the British Empire's colonial imperialism
- he identifies capitalist oligarchy as the true motivation behind
imperialistic ventures. Owners of productive capital, such as
factories, generate a large surplus which they desire to reinvest
in further factories; this prompts imperialist expansion into
foreign lands.
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