Discussion
Which social thinker in his Imperialism, a Study (1902), attacked ‘New Imperialism’ and argued that the roots of imperialism were essentially economic, the result of the unequal distribution of the profits of nineteenth century industrial growth ?
Answer: B
The thinker is J.A. Hobson.
John Atkinson Hobson's Imperialism: A Study (1902) argued that under-consumption at home, caused by the unequal distribution of income, drove capitalists to seek outlets for surplus capital in colonies, so imperialism had economic roots.
Lenin built on Hobson in Imperialism, the Highest Stage of Capitalism (1916), and Bukharin and Trotsky also wrote on imperialism, but later, and the 1902 book is Hobson's.
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