The Science of Wealth

"The Science of Wealth" is a 1911 treatise by English economist John Atkinson Hobson. Within it, Hobson presents a detailed study of the capitalist business world, describing how the productive powers of labour, land, ability, capital and society are applied in the various trades and professions to produce material goods and services, and how payment for this work is handled and regulated. 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: "The Meaning of Wealth", "The Business and the Trade", "The Industrial System", "Costs and Surplus", "Wages", "Profits", "Exchange and Prices", "Demand and Supply", "The Labour Movement and State Socialism", "Foreign Trade", etc. 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. It is with this in mind that we are republishing this volume now in an affordable, modern, high-quality edition complete with the original text and artwork.