John A Hobson

English economist John Hobson’s 1902 Imperialism: A Study was an epoch-making study of the politics and economics of imperialism that shook imperialist beliefs to their core. A committed liberal, Hobson was deeply sceptical about the aims and claims of imperialistic thought at a time when Britain’s empire held sway over a vast portion of the globe. In order to critique what he saw as a falsely reasoned and immoral political view, Hobson’s book took a cuttingly analytical approach to the idea of imperialism – setting out to dissect and understand the arguments for empire before subjecting them to withering evaluation – a process that led him to the key insight that the then widely-accepted claim that imperialism was essentially a question of nationalism was, in fact, quite weak. Instead, Hobson’s close analysis of the implicit and hidden reasons for imperialist projects demonstrated that, at root, they were all products of capitalism. It became increasingly clear to him that imperialism was less a political ideology, and more the product of the urgent need to open up new markets and remedy economic stagnation at home. Deeply provocative at the time, Hobson’s book shows just how powerful the critical thinking skills of analysis and evaluation can be when applied to deconstruction of even the most widely accepted of ideas.

Publisher Description

Reveals international theory as embedded within Eurocentrism such that its purpose is to celebrate/defend the idea of Western civilization.

Develops a fresh non-Eurocentric analysis of the rise and development of the global economy in the last half-millennium.

This book, first published in 2000, provides an overview of theories of the state found in International Relations.

John A. Hobson was a prominent member of a small band of British radicals who argued around the turn of the century that the consistent application of liberal ideas required the reorganization of capitalist societies along socialist lines. Allett here suggests that their march toward socialism was marked by a caution not overly to damage the liberal heritage of their forefathers and yet to provide a philosophical foundation for the creation of the welfare state, justified on the basis of right and efficiency. The author emphasizes Hobson’s doctrine of imperialism and the related theory of under-consumption for which he is best known, while arguing that the lesser known of Hobson’s doctrines—which the author describes as the ‘organic theory of surplus value’—is essential to a full appreciation of the coherence of Hobson’s thought. Allett compares the analyses of Hobson, Adam Smith, J.S. Smith, the Webbs, T.H. Green, Bosanquet, Marx, Lenin, Keynes, and Hobson’s comrade-in-arms L.T. Hobhouse and puts in perspective the dismissive critiques of those contemporary scholars who claimed that Hobson’s work is value-laden, simplistic, and contradictory. This study presents an integral analysis of the life, times, and thought of a profound and original thinker, whose legacy to social democratic thought has yet to be fully appreciated.