Description

Book Synopsis

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, B

New Liberalism

    Product form

    A Paperback by John Allett

    £25.19

    Includes FREE delivery

    RRP £27.99 – you save £2.80 (10%)

    Order before 4pm tomorrow for delivery by Wed 28 Oct 2026.

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of New Liberalism by John Allett

      Book details

      Publisher University of Toronto Press
      Published 15 December 1981
      ISBN-13 9781442651401
      978-1442651401
      Also in:
      Democracy

      Description

      Book Synopsis

      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, B

      Recently viewed products

      © 2026 Book Curl

        • American Express
        • Apple Pay
        • Diners Club
        • Discover
        • Google Pay
        • Maestro
        • Mastercard
        • PayPal
        • Shop Pay
        • Union Pay
        • Visa

        Login

        Forgot your password?

        Don't have an account yet?
        Create account