The Industrial System: An Inquiry Into Earned And Unearned Income

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Focusing on the distribution of wealth, this work delves into various acts of distribution related to labor, land, and capital within industrial processes. Hobson critiques classical economic theories and offers insights into underconsumption, while exploring key concepts such as wages, interest, rent, and market mechanisms. Originally published in 1910, the book also includes an introductory chapter from Hobson's earlier work, providing context for his economic theories. The modern edition aims to make this influential text more accessible to contemporary readers.