The Evolution of Modern Capitalism (Routledge Revivals)

A Study of Machine Production

Business & Finance, Economics, Economic Development, Theory of Economics, Economic History
Cover of the book The Evolution of Modern Capitalism (Routledge Revivals) by J. A. Hobson, Taylor and Francis
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Author: J. A. Hobson ISBN: 9781135909567
Publisher: Taylor and Francis Publication: October 8, 2013
Imprint: Routledge Language: English
Author: J. A. Hobson
ISBN: 9781135909567
Publisher: Taylor and Francis
Publication: October 8, 2013
Imprint: Routledge
Language: English

Hobson’s The Evolution of Modern Capitalism was first published in 1894, although this reissue is of the fourth edition, published in 1926. The work traces the developments in trade and industry which characterised the first decades of the twentieth century. In the first part, Hobson deals with the origins and structure of modern capitalism, including the development of the machine industry, the changing structure of trades and markets, and the effects of these on workers and consumers. The final supplementary chapter considers the impact of World War I on this changing economy, and the ‘disturbance, recovery and readjustments’ which the war necessitated. This is a classic work of importance to economic historians and those with a particular interest in the history of capitalism.

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Hobson’s The Evolution of Modern Capitalism was first published in 1894, although this reissue is of the fourth edition, published in 1926. The work traces the developments in trade and industry which characterised the first decades of the twentieth century. In the first part, Hobson deals with the origins and structure of modern capitalism, including the development of the machine industry, the changing structure of trades and markets, and the effects of these on workers and consumers. The final supplementary chapter considers the impact of World War I on this changing economy, and the ‘disturbance, recovery and readjustments’ which the war necessitated. This is a classic work of importance to economic historians and those with a particular interest in the history of capitalism.

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