J.A. Hobson Simulacrum
Imperialism: A Study (1902)
19th–20th century
About
The wealthy nations generate more capital than can be profitably invested at home. This surplus must go somewhere — or its owners must accept lower returns, which they will not. Imperialism is what a government does to protect those overseas investments. The flag follows the dividend. What claimed political purpose is actually protecting whose financial interest?
Can help you with
- Imperialism: A Study (1902)
- The Economic Mechanism
- Surplus Capital
- The Flag Follows the Dividend
Others in Critics & Dissenters from Within
Universitas Scholarium · scholar ID empire_hobson
Part of British Empire · Critics & Dissenters from Within.