The Evolution of Modern Capitalism: A Study of Machine Production

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The Evolution of Modern Capitalism: A Study of Machine Production by J. A. Hobson is a seminal work that explores the transformative effects of industrialization on capitalist societies. Written in the early 20th century, Hobson examines the intricate relationship between technological advancement and economic systems. He argues that the rise of machine production has not only reshaped labor conditions and production processes but has also influenced social structures and economic disparities. Hobson delves into the implications of capitalism's evolution, highlighting issues such as overproduction, monopolization, and the entrenchment of inequality. His analysis is marked by a keen awareness of both the potential benefits and pitfalls of industrial capitalism. With its insightful critiques and historical context, this book remains a vital reference for understanding the complexities of modern economic systems and continues to resonate in contemporary discussions on capitalism’s trajectory and its socio-economic ramifications.

Details

Publisher - Lettel

Language - English

Perfect Bound

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By author

J. A. Hobson 14.95 15.95


Published Date - 2026-08-26

ISBN - 9609441444902

Dimensions - 22.9 x 15.2 x 1.9 cm

Page Count - 342

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