Imperialism - TranceAddict Forums

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Posted by stk on Oct-08-2004 02:39:

Imperialism

Did anyone read the Imperialsim critique essay by J.A Hobson?
I need the know what his main points were in that essay, i had a hard time understanding what he was saying

thanks

Posted by smokeape on Oct-08-2004 02:45:

Thanks for not posting WTF you're talking about too.

[[[smoke]]]

Posted by stk on Oct-08-2004 03:02:

huh?

Posted by Renegade on Oct-08-2004 03:10:

He means that the topic would make more sense if you could post a link to the essay you're talking about.

Posted by stk on Oct-08-2004 03:37:

oh sorry here:

http://www.fordham.edu/halsall/mod/1902hobson.html

Posted by ResonantDrag on Oct-08-2004 03:57:

http://www.econlib.org/library/YPDB...hbsnImptoc.html

found it.. here's a famous quote of his:

"Every improvement of methods of production, every concentration of ownership and control, seems to accentuate the tendency [to imperialist expansion]. As one nation after another enters the machine economy and adopts advanced industrial methods, it becomes more difficult for its manufacturers, merchants, and financiers to dispose profitably of their economic resources....Everywhere appear excessive powers of production, excessive capital in search of investment. It is admitted by all business men that the growth of the powers of production in their country exceeds the growth in consumption, that more goods can be produced than can be sold at a profit, and that more capital exists than can find remurerative investment. It is this economic condition of affairs that forms the taproot of Imperialism."

keep in mind that this essay was written as an attack on british imperialism. he was simply stating that as produstion and capitalization of imperialism grows to the point where there is not a need for the increase of supplies, the need for imperialistic pursuits diminishes.

sorry i don't want to read the thing again, but i think his main focus was on the capitalization aspect of imperialism. I remember the professor stating that lenin took this idea and furthered it when he said that imperialism is the monopoly stage of capitalism.

maybe one of the brainiacs on this forum will read it and give a better idea of what he was saying than this drivel above.