First published in 1896, this seminal work considers the Question
of the Unemployed at the height of imperialist capitalism. Hobson
proposes a controversial theory of social progress, which argues
that unemployment is a natural and necessary result of the
mal-distribution of consumption power. In a comprehensive
assessment of the practicalities of capitalism, The Problem of the
Unemployed considers the root causes and meaning of unemployment
and possible solutions to the issue.
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