First published in 1914 and reissued with a new introduction in
1992, Work and Wealth is a seminal vision of Hobson's liberal
utopian ideals, which desired to demonstrate how economic and
social reform could transform existing society into one in which
the majority of the population, as opposed to a small elite, could
find fulfillment. Hobson attacked conventional economic wisdom
which made a division between the cost of production and the
utility derived from consumption. Far from being necesarily
arduous, Hobson argued that work had the potential to bring about
immense utility and enrichment. The qualitative, humanist work
argues in favour of a new form of capitalism to minimise cost and
maximise utility.
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