Download or read book Rationalisation and Unemployment (Routledge Revivals) written by J. A. Hobson and published by Routledge. This book was released on 2013-02-01 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1930, John Hobson’s study deals with the economic dilemmas generated in the early twentieth century by the advent of mass production. Namely the over-production and surfeit of goods and the resultant failure of the expansion of markets leading to record levels of mass unemployment. Seeking a solution to this dilemma, Hobson analyses all aspects of the problem: income, uses of the surplus, underconsumption, markets and distribution, and internationalism. The study also explores theories concerning economies of rationalisation, both in terms of productivity and consumption.