John A. Hobson

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John A. Hobson was a prominent British economist and social theorist known for his critique of capitalism and his advocacy for social reform. Born in 1858 in Stroud, Hobson gained recognition for his influential works, including 'The Evolution of Modern Capitalism' and 'Problems of Poverty'. His writings emphasized the social injustices inherent in the capitalist system and explored the impact of economic inequality on society. Hobson's ideas contributed significantly to the development of socialist thought in the early 20th century.

Hobson's critical analysis of capitalism led him to propose alternative economic models that prioritized social welfare over profit. He believed that addressing poverty and inequality was essential for achieving a just society. His influence extended beyond economics; he was also involved in various social and political movements, advocating for reforms that aimed to improve the living conditions of the working class. Throughout his life, Hobson remained a vocal critic of imperialism and a proponent of internationalism, which further shaped his legacy as a thinker committed to social justice and humanitarian principles.