Quote #6

'Yet it must be remembered that the essential theoretical core of the book - the relationship between oversaving, foreign investment and imperialism - appeared in an article written in 1898, before his South African trip.'

More from Peter Cain

  1. 'He came back to England convinced that Rhodes and his fellow mining capitalists had engineered the war in order to removed the leaders of …
  2. 'The Chinese economy would be brutally transformed into the mightiest manufacturing nation based on western capital and on an abundance of …
  3. 'he was also extraordinarily sensitive to the ways that imperialists could cloak essentially materialist concerns in the language of morali…
  4. 'In tropical Africa, on the other hand, Hobson talked of 'lower races' who could only progress under western leadership'
  5. 'However, in that autobiography Hobson did confess that he now thought that the emphasis on economic causation in Imperialism: A Study was …
  6. 'in 1938 and at the age og eighty, Hobson decided to republish Imperialism: A Study. By the late 1930s, public opinion was becoming much mo…
  7. 'by 1910-14, Hobson had drifted far from the arguments of Imperialism: A Study and was now writing of imperialism as a phase in the extensi…

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