ABSTRACT
First published in 1930, this book endeavours to trace and express the relations between economic and human values, between wealth and life. Hobson studies everything from the role of production processes and consumption in the determination of human welfare; to the changing attitudes of economic science towards ethical considerations; as well as the tendency of organised society to exercise a control of economic processes in the interests of equity, humanity, and social order.
Part I of the book deals with an attempt to provide an intelligible and consistent meaning for human value and welfare. Part II sketches the emergence of an economic science and its formal relations to ethics. Part III discusses the ethical significance of certain basic factors in the modern economic system, especially property and market processes. Part IV is addressed to the notion of industrial peace and progress in the light of modern humanism, with especial regard to the new problems emerging in a world becoming conscious of its widening unity.
TABLE OF CONTENTS
part I|74 pages
Standards of Welfare
chapter Chapter I|7 pages
The Humanist Approach to Economic Life
chapter Chapter II|13 pages
The Meaning of Welfare
chapter Chapter III|22 pages
Welfare Through Community
chapter Chapter IV|25 pages
Standards of Welfare
chapter Chapter V|5 pages
The Hierarchy of Values
part II|63 pages
Ethics in the Evolution of Economic Science
chapter Chapter I|9 pages
The Place of Industry in the Life Process
chapter Chapter II|26 pages
The Emergence of Economics as a Science
chapter Chapter II|26 pages
Economic and Ethical Values
part Three|75 pages
The Ethics of Economic Life
chapter Chapter I|26 pages
Ethics of Property
chapter Chapter II|34 pages
Harmony and Discord in Economic Life
chapter Chapter III|13 pages
The Ethics of Bargaining
part IV|242 pages
Organic Reforms of the Economic System