First published in 1902, "The Evolution Of Modern Capitalism" looks at the effects that the industrial revolution had had on contemporary capitalism, focusing primarily on the introduction of machinery into production. This fascinating volume will appeal to those with an interest in the history of modern capitalism and is not to be missed by collectors of Hobson's seminal work. John Atkinson Hobson (1858 - 1940) was an English social scientist and economist most famous for his work on imperialism-which notably had an influence on Vladimir Lenin-as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of distribution.
