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THE ONLINE LIBRARY OF LIBERTY

© Liberty Fund, Inc. 2006 

http://oll.libertyfund.org/

JOHN A. HOBSON, IMPERIALISM: A STUDY  (1902)

The Online Library of Liberty  is a project of Liberty Fund, Inc., a non-profit educational

foundation based in Indianapolis, Indiana, USA. Liberty Fund, was established to foster thought

and encourage discourse on the nature of individual liberty, limited and constitutional

government, and the free market.

ABOUT THE AUTHOR 

Hobson was an historian and economic

 journalist who was one of the so-called "New

Liberals" who emerged at the end of the 19th

century. The New Liberals advocated much

greater state intervention in the economy than

the classical liberals had done. One of the

things that makes Hobson especially

interesting is his support for Cobdenite ideas

of peace and free trade. Although his lack of 

understanding of markets and marginal

analysis led to his being ostracized by his

contemporary academic economics circles, his

thoughtful critique of the justifications of 

imperialism and his work taking the topic back

to first principles stands today as an example

of respect for all peoples throughout the

world. He was a member of the Fabian

Society, and although he wrote for several

socialist journals, he was an independent

thinker who argued that capitalist goals had

been perverted by special interests and

misdirected governments.

ABOUT THE BOOK

A classic analysis of imperialism by a British

economic journalist who explores the way in

which mercantile interests in the home country

can manipulate the power of the state in order

to get benefits in the colony.

THE EDITION USED

Imperialism: A Study (New York, James Pott &

Co., 1902).

COPYRIGHT INFORMATION

The text of this edition is in the public domain.

FAIR USE STATEMENT

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This material is put online to further the

educational goals of Liberty Fund, Inc. Unless

otherwise stated in the Copyright Information

section above, this material may be used

freely for educational and academic purposes.

It may not be used in any way for profit.

 

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