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J. A. Hobson
John Atkinson Hobson (6 July 1858 – 1 April 1940) was an English economist and social scientist. Hobson is best known for his writing on imperialism, which influenced Vladimir Lenin, and his theory of underconsumption. His principal and earliest contribution to economics was the theory of underconsumption, a scathing criticism of Say's law and classical economics' emphasis on thrift. However, this discredited Hobson among the professional economics community from which he was ultimately excluded. Other early work critiqued the classical theory of rent and anticipated the Neoclassical "marginal productivity" theory of distribution. After covering the Second Boer War as a correspondent for ''The Manchester Guardian'', he condemned British involvement in the war and characterised it as acting under the influence of mine owners. In a series of books, he explored the associations between imperialism and international conflict and asserted that imperial expansion is driven by a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Socialism
Liberal socialism is a political philosophy that incorporates Liberalism, liberal principles to socialism. This synthesis sees liberalism as the political theory that takes the inner freedom of the human spirit as a given and adopts liberty as the goal, means and rule of shared human life. Socialism is seen as the method to realize this recognition of liberty through political and economic autonomy and emancipation from the grip of pressing material necessity. Liberal socialism opposes abolishing certain components of capitalism and supports something approximating a mixed economy that includes both social ownership and private property in capital goods. Liberal socialism has been particularly prominent in British and Italian politics. Its seminal ideas can be traced to John Stuart Mill, who theorised that capitalist societies should experience a gradual process of socialisation through worker-controlled Cooperative, enterprises, coexisting with private enterprises. Mill rejec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Underconsumption
Underconsumption is a theory in economics that recessions and stagnation arise from an inadequate consumer demand, relative to the amount produced. In other words, there is a problem of overproduction and overinvestment during a demand crisis. The theory formed the basis for the development of Keynesian economics and the theory of aggregate demand after the 1930s. Underconsumption theory narrowly refers to heterodox economists in Britain in the 19th century, particularly from 1815 onwards, who advanced the theory of underconsumption and rejected classical economics in the form of Ricardian economics. The economists did not form a unified school, and their theories were rejected by mainstream economics of the time. Underconsumption is an old concept in economics that goes back to the 1598 French mercantilist text ''Les Trésors et richesses pour mettre l'Estat en splendeur'' (''The Treasures and riches to put the State in splendor'') by Barthélemy de Laffemas, if not earlier. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Classical Economics
Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includes both the Smithian and Ricardian schools. Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill. These economists produced a theory of market economies as largely self-regulating systems, governed by natural laws of production and exchange (famously captured by Adam Smith's metaphor of the invisible hand). Adam Smith's '' The Wealth of Nations'' in 1776 is usually considered to mark the beginning of classical economics.Smith, Adam (1776) An Inquiry into the Nature and Causes of The Wealth of Nations. (accessible by table of contents chapter titles) AdamSmith.org The fundamental message in Smith's book was that the wealth of any nation was determined not by the gol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Routledge
Routledge ( ) is a British multinational corporation, multinational publisher. It was founded in 1836 by George Routledge, and specialises in providing academic books, academic journals, journals and online resources in the fields of the humanities, behavioral science, behavioural science, education, law, and social science. The company publishes approximately 1,800 journals and 5,000 new books each year and their backlist encompasses over 140,000 titles. Routledge is claimed to be the largest global academic publisher within humanities and social sciences. In 1998, Routledge became a subdivision and Imprint (trade name), imprint of its former rival, Taylor & Francis, Taylor & Francis Group (T&F), as a result of a £90-million acquisition deal from Cinven, a venture capital group which had purchased it two years previously for £25 million. Following the merger of Informa and T&F in 2004, Routledge became a publishing unit and major imprint within the Informa "academic publishing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxford
Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town. The city is home to the University of Oxford, the List of oldest universities in continuous operation, oldest university in the English-speaking world; it has buildings in every style of Architecture of England, English architecture since late History of Anglo-Saxon England, Anglo-Saxon. Oxford's industries include motor manufacturing, education, publishing, science, and information technologies. Founded in the 8th century, it was granted city status in 1542. The city is located at the confluence of the rivers Thames (locally known as the Isis) and River Cherwell, Cherwell. It had a population of in . It is north-west of London, south-east of Birmingham and north-east of Bristol. History The history of Oxford in England dates back to its original settlement in the History of Anglo-Saxon England, Saxon period. The name � ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London School Of Economics
The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded by Fabian Society members Sidney Webb, Beatrice Webb, Graham Wallas and George Bernard Shaw, LSE joined the University of London in 1900 and offered its first degree programmes under the auspices of the university in 1901. LSE began awarding degrees in its own name in 2008, prior to which it awarded degrees of the University of London. It became a university in its own right within the University of London in 2022. LSE is located in the London Borough of Camden and Westminster, Central London, near the boundary between Covent Garden and Holborn. The area is historically known as Clare Market. As of 2023/24, LSE had just under 13,000 students, with the majority being postgraduate students and just under two thirds coming from outsid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fabians
The Fabian Society () is a British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in democracies, rather than by revolutionary overthrow. The Fabian Society was also historically related to some of the furthest left factions of radicalism, a left-wing liberal tradition. As one of the founding organisations of the Labour Representation Committee in 1900, and as an important influence upon the Labour Party which grew from it, the Fabian Society has strongly influenced British politics. Members of the Fabian Society have included political leaders from other countries, such as Jawaharlal Nehru, who adopted Fabian principles as part of their own political ideologies. The Fabian Society founded the London School of Economics in 1895. Today, the society functions primarily as a think tank and is one of twenty socialist societies affiliated with the Labour Party. Similar societie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgism
Georgism, in modern times also called Geoism, and known historically as the single tax movement, is an economic ideology holding that people should own the value that they produce themselves, while the economic rent derived from land—including from all natural resources, the commons, and urban locations—should belong equally to all members of society. Developed from the writings of American economist and social reformer Henry George, the Georgist paradigm seeks solutions to social and ecological problems based on principles of land rights and public finance that attempt to integrate economic efficiency with social justice. Georgism is concerned with the distribution of economic rent caused by land ownership, natural monopolies, pollution rights, and control of the commons, including title of ownership for natural resources and other contrived Privilege (legal ethics), privileges (e.g., intellectual property). Any natural resource that is inherently limited in Supply (econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christian Socialists
Christian socialism is a religious and political philosophy that blends Christianity and socialism, endorsing socialist economics on the basis of the Bible and the teachings of Jesus. Many Christian socialists believe capitalism to be idolatrous and rooted in the sin of greed. Christian socialists identify the cause of social inequality to be the greed that they associate with capitalism. Christian socialism became a major movement in the United Kingdom beginning in the 19th century. The Christian Socialist Movement, known as Christians on the Left since 2013, is one formal group, as well as a faction of the Labour Party. According to the ''Encyclopædia Britannica'', socialism is a "social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work isolated, but live in cooperation with one another. Furthermore, everything that people produce is in som ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Democracy
Social democracy is a Social philosophy, social, Economic ideology, economic, and political philosophy within socialism that supports Democracy, political and economic democracy and a gradualist, reformist, and democratic approach toward achieving social equality. In modern practice, social democracy has taken the form of predominantly capitalist economies, a robust welfare state, policies promoting social justice, market regulation, and a more Redistribution of income and wealth, equitable distribution of income. Social democracy maintains a commitment to Representative democracy, representative and participatory democracy. Common aims include curbing Social inequality, inequality, eliminating the oppression of Social privilege, underprivileged groups, eradicating poverty, and upholding universally accessible public services such as child care, Universal education, education, elderly care, Universal health care, health care, and workers' compensation. Economically, it support ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tristram Hunt
Tristram Julian William Hunt, (born 31 May 1974) is a British historian, broadcast journalist and former politician who has been Director of the Victoria and Albert Museum since 2017. He served as the Labour Member of Parliament (MP) for Stoke-on-Trent Central from 2010 to 2017, and Shadow Secretary of State for Education from 2013 to 2015. He has written several books, presented history programmes on television, and was a regular writer for ''The Guardian'' and ''The Observer''. Early life and education Hunt was born in Cambridge, the son of Julian Hunt, a meteorologist and leader of the Labour Party group on Cambridge City Council in 1972–73, who in 2000 was awarded a life peerage as Baron Hunt of Chesterton, and the grandson of Roland Hunt, a British diplomat. The Hunt family were goldsmiths and silversmiths in the eighteenth and nineteenth centuries; John Samuel Hunt (1785–1865) being in business with his uncle-by-marriage, Paul Storr; also descended from John Sam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derbyshire
Derbyshire ( ) is a ceremonial county in the East Midlands of England. It borders Greater Manchester, West Yorkshire, and South Yorkshire to the north, Nottinghamshire to the east, Leicestershire to the south-east, Staffordshire to the south and west, and Cheshire to the west. Derby is the largest settlement, and Matlock is the county town. The county has an area of and a population of 1,053,316. The east of the county is more densely populated than the west, and contains the county's largest settlements: Derby (261,400), Chesterfield (88,483), and Swadlincote (45,000). For local government purposes Derbyshire comprises a non-metropolitan county, with eight districts, and the Derby unitary authority area. The East Midlands Combined County Authority includes Derbyshire County Council and Derby City Council. The north and centre of Derbyshire are hilly and contain the southern end of the Pennines, most of which are part of the Peak District National Park. They include Kinde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
