{"product_id":"1909-first-edition-j-a-hobson-the-industrial-system-classic-political-economy","title":"1909 First Edition J.A. Hobson – The Industrial System | Classic Political Economy","description":"\u003ch1 data-section-id=\"sabosa\" data-start=\"450\" data-end=\"466\" class=\"PDq2pG_selectionAnchorContainer\"\u003eJ. A. Hobson\u003cspan aria-hidden=\"true\" class=\"PDq2pG_selectionAnchor\"\u003e\u003c\/span\u003e\n\u003c\/h1\u003e\n\u003ch2 data-section-id=\"1f58c11\" data-start=\"467\" data-end=\"537\"\u003e\u003cspan role=\"text\"\u003e\u003cem data-start=\"470\" data-end=\"537\"\u003eThe Industrial System: An Inquiry into Earned and Unearned Income\u003c\/em\u003e\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp data-start=\"539\" data-end=\"906\"\u003ePublished in 1909, \u003cstrong data-start=\"558\" data-end=\"583\"\u003eThe Industrial System\u003c\/strong\u003e is one of \u003cstrong data-start=\"594\" data-end=\"612\"\u003eJ. A. Hobson's\u003c\/strong\u003e most important contributions to political economy and social thought. In this influential work, Hobson examines the relationship between earned and unearned income, industrial organization, capital, labour, and the distribution of wealth—questions that remain central to economic debate today.\u003c\/p\u003e\n\u003cp data-start=\"908\" data-end=\"1297\"\u003eAlthough best known for his landmark work \u003cem data-start=\"950\" data-end=\"963\"\u003eImperialism\u003c\/em\u003e (1902), Hobson regarded \u003cem data-start=\"988\" data-end=\"1011\"\u003eThe Industrial System\u003c\/em\u003e as one of his principal achievements. His critique of underconsumption, inequality, and the concentration of wealth would later influence \u003cstrong data-start=\"1150\" data-end=\"1173\"\u003eJohn Maynard Keynes\u003c\/strong\u003e, institutional economics, and twentieth-century discussions on capitalism, social reform, and the role of the modern state.\u003c\/p\u003e\n\u003cp data-start=\"1299\" data-end=\"1560\"\u003eThis is a desirable \u003cstrong data-start=\"1319\" data-end=\"1336\"\u003efirst edition\u003c\/strong\u003e, published in London by \u003cstrong data-start=\"1361\" data-end=\"1386\"\u003eLongmans, Green \u0026amp; Co.\u003c\/strong\u003e in 1909. The title page bears the publisher's blind stamp \u003cstrong data-start=\"1445\" data-end=\"1469\"\u003e\"Presentation Copy,\"\u003c\/strong\u003e adding an interesting bibliographical feature to an already increasingly collectible work.\u003c\/p\u003e\n\u003ch2 data-section-id=\"hlyorq\" data-start=\"1567\" data-end=\"1593\" class=\"PDq2pG_selectionAnchorContainer\"\u003eHistorical Significance\u003cspan aria-hidden=\"true\" class=\"PDq2pG_selectionAnchor\"\u003e\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003cp data-start=\"1595\" data-end=\"2182\"\u003eFew economists writing in the early twentieth century anticipated the social and economic challenges of industrial capitalism as perceptively as J. A. Hobson. \u003cem data-start=\"1754\" data-end=\"1777\"\u003eThe Industrial System\u003c\/em\u003e helped shape later debates on income distribution, effective demand, and the relationship between economic inequality and economic growth. Hobson's ideas profoundly influenced subsequent generations of economists and political thinkers, most notably \u003cstrong data-start=\"2028\" data-end=\"2051\"\u003eJohn Maynard Keynes\u003c\/strong\u003e, while continuing to attract the attention of historians of economic thought, political economists, and scholars of public policy.\u003c\/p\u003e\n\u003cp data-start=\"2184\" data-end=\"2398\"\u003eToday, the work is regarded as one of the foundational texts of progressive political economy and remains an important addition to collections devoted to economics, social philosophy, and the history of capitalism.\u003c\/p\u003e\n\u003ch2 data-section-id=\"hrykuu\" data-start=\"2405\" data-end=\"2417\" class=\"PDq2pG_selectionAnchorContainer\"\u003eCondition\u003cspan aria-hidden=\"true\" class=\"PDq2pG_selectionAnchor\"\u003e\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003cp data-start=\"2419\" data-end=\"2877\"\u003eA \u003cstrong data-start=\"2421\" data-end=\"2439\"\u003every good copy\u003c\/strong\u003e in the original publisher's blue cloth with gilt lettering to the spine. Minor rubbing and a small loss at the head of the spine, consistent with careful handling over more than a century. The binding remains firm and square, with clean pages showing only light age toning. The title page bears the publisher's blind stamp \u003cstrong data-start=\"2763\" data-end=\"2787\"\u003e\"Presentation Copy.\"\u003c\/strong\u003e An attractive and well-preserved example of this increasingly sought-after first edition.\u003c\/p\u003e\n\u003ch2 data-section-id=\"lxxw8f\" data-start=\"2884\" data-end=\"2910\" class=\"PDq2pG_selectionAnchorContainer\"\u003eBibliographical Details\u003cspan aria-hidden=\"true\" class=\"PDq2pG_selectionAnchor\"\u003e\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003cp data-start=\"2912\" data-end=\"2936\"\u003e\u003cstrong data-start=\"2912\" data-end=\"2923\"\u003eAuthor:\u003c\/strong\u003e J. A. Hobson\u003c\/p\u003e\n\u003cp data-start=\"2938\" data-end=\"3016\"\u003e\u003cstrong data-start=\"2938\" data-end=\"2948\"\u003eTitle:\u003c\/strong\u003e \u003cem data-start=\"2949\" data-end=\"3016\"\u003eThe Industrial System: An Inquiry into Earned and Unearned Income\u003c\/em\u003e\u003c\/p\u003e\n\u003cp data-start=\"3018\" data-end=\"3054\"\u003e\u003cstrong data-start=\"3018\" data-end=\"3032\"\u003ePublisher:\u003c\/strong\u003e Longmans, Green \u0026amp; Co.\u003c\/p\u003e\n\u003cp data-start=\"3056\" data-end=\"3088\"\u003e\u003cstrong data-start=\"3056\" data-end=\"3081\"\u003ePlace of Publication:\u003c\/strong\u003e London\u003c\/p\u003e\n\u003cp data-start=\"3090\" data-end=\"3104\"\u003e\u003cstrong data-start=\"3090\" data-end=\"3099\"\u003eYear:\u003c\/strong\u003e 1909\u003c\/p\u003e\n\u003cp data-start=\"3106\" data-end=\"3132\"\u003e\u003cstrong data-start=\"3106\" data-end=\"3118\"\u003eEdition:\u003c\/strong\u003e First Edition\u003c\/p\u003e\n\u003cp data-start=\"3134\" data-end=\"3199\"\u003e\u003cstrong data-start=\"3134\" data-end=\"3146\"\u003eBinding:\u003c\/strong\u003e Original publisher's blue cloth, gilt lettered spine\u003c\/p\u003e\n\u003cp data-start=\"3201\" data-end=\"3253\"\u003e\u003cstrong data-start=\"3201\" data-end=\"3223\"\u003ePresentation Copy:\u003c\/strong\u003e Yes (publisher's blind stamp)\u003c\/p\u003e\n\u003cp data-start=\"3255\" data-end=\"3279\"\u003e\u003cstrong data-start=\"3255\" data-end=\"3269\"\u003eCondition:\u003c\/strong\u003e Very Good\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":65102351368541,"sku":null,"price":250.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1088\/2760\/7389\/files\/20260620_081832.jpg?v=1782715662","url":"https:\/\/thelibraryofideas.com\/products\/1909-first-edition-j-a-hobson-the-industrial-system-classic-political-economy","provider":"The Library of Ideas","version":"1.0","type":"link"}