Rationalisation and Unemployment (Routledge Revivals)

<p>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. </p><p>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. </p>