ABSTRACT

First published in 1896, this seminal work considers the Question of the Unemployed at the height of imperialist capitalism. Hobson proposes a controversial theory of social progress, which argues that unemployment is a natural and necessary result of the mal-distribution of consumption power. In a comprehensive assessment of the practicalities of capitalism, The Problem of the Unemployed considers the root causes and meaning of unemployment and possible solutions to the issue.

chapter |10 pages

The Meaning of “Unemployment”

chapter |24 pages

The Measure of Unemployment

chapter |10 pages

Does Unemployment Grow?

chapter |11 pages

Minor Causes of Unemployment

chapter |42 pages

The Root-Cause of Unemployment

chapter |14 pages

The Economic Remedy

chapter |14 pages

Bimetallism and Trade Depression

chapter |35 pages

Palliatives of Unemployment