Description

"Incentives in the New Industrial Order" is a 1922 treatise on the new economical and industrial paradigm that resulted from the cessation of World War I. John Atkinson Hobson (1858 - 1940) was an English social scientist and economist most famous for his work on imperialism-which notably had an influence on Vladimir Lenin-as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of distribution. Contents include: "Collapse of the Old Order", "Economic Activities and their Incentives", "Psychological Tests of the New Industrial Order", "Brains in Industry", "Incentives to the Efficiency of Labour", "The Interests of Consumers", and "The Government of Industry". This fascinating volume is highly recommended for those with an interest in economics, and especially the economic situation in Europe after World War I. Other notable works by this author include: "Evolution of Modern Capitalism" (1894), "Problem of the Unemployed" (1896), and "John Ruskin: Social Reformer" (1898). Many vintage books such as this are becoming increasingly scarce and expensive. We are republishing this volume now in an affordable, modern, high-quality edition complete with an introductory chapter from Hobson's "The Evolution of Modern Capitalism".