Download or read book The Industrial System (Routledge Revivals) written by J. A. Hobson and published by Routledge. This book was released on 2013-11-05 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1909 and reissued in 1910, J. A. Hobson’s The Industrial System provides a complex analysis of distribution and consumption. Offering a critique of contemporary capitalism whilst accepting the superiority of the free market, the book includes an exploration of areas such as cost and surplus, supply and demand and the labour movement. This is an important work by one of the most important economic thinkers of the twentieth century, which will be of particular interest to modern economic historians.