Description

"Poverty In Plenty - The Ethics of Income" is a 1931 essay by English social scientist and economist John Atkinson Hobson. Within it, Hobson analyses financial distribution during the early years of Twentieth Century Britain, exploring the important moral questions related to the necessary economic reforms of the period. Hobson argues that under-consumption, over-production, and unemployment are the result of unfair distribution of wealth, and that a responsible economic government founded upon justice and humanity needs to be established. Contents include: "The Lack of Economic Government", "The Making of Incomes", "Forced Labour and 'The Right to Work'", "Claims Upon Surplus Income, Personal and Communal", "International Economic Government", and "A Moral Reformation". 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. 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 essay "Problems of Poverty".