In his Preface to the 1902 first edition of Imperialism: A Study, imperial critic J.A. Hobson demonstrates his prophetic talents by noting, just as the Victorian age was ending and World War I was brewing, that "Imperialism has been adopted as a more or less conscious policy by several European States and threatens to break down the political isolation of the United States." Though the book speaks mostly of British imperialism of the period, Hobson inevitably explores the general principals-and hidden motives-of imperialist policy. Hobson covers: . the commercial value of imperialism . imperialism as an outlet for population . economic parasites of imperialism . imperialist finance . moral and sentimental factors . and much more. With imperialism again a hot topic in the political arena, Hobson's treatise continues to lend invaluable, necessary insight into a complex ideology. British writer JOHN ATKINSON HOBSON (1858-1940) was an historian and economist as well as a popular lecturer on the topics. His other books include The Evolution of Modern Capitalism (1894), The Economics of Distribution (1900), The Economics of Unemployment (1922), and the autobiographical Confessions of an Economic Heretic (1938).
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If we are indeed entering a new period of imperialism, Hobson is a sound guide to what may come. He writes boldly and clearly, and his pithy insights into the world economy stand as a model of economic writing.... Reading Hobson, I am struck by the many parallels between 2002 and 1902. One hundred years ago, he saw that globalization--then known as imperialism--meant that it was impossible for one country to leave another country alone. World capitalism made isolation, even if desirable, an impossibility.... As Americans embark on a new imperial project--of rescuing failed states and winning the 'clash of civilizations' so that terrorists have no haven--we should be alert to the possibility that we will record our own 'complete' delusions. --G. Pascal Zachary, author of The Global Me, In These Times, September 2, 2002
J. A. Hobson (1858–1940) was an English economist and early social theorist. In Imperialism, published in 1902, he argues that imperial expansion was caused by the need to find new markets for the output of the Industrial Revolution, resulting in capitalistic exploitation of the colonies, and leading to international conflict.
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